Santo Domingo, (COMTEX).- InterEnergy Holding companies, proprietor of Consorcio Energético Punta Cana Macao (CEPM), yesterday announced a joint venture with the company BW Gas for the construction of a new liquid natural gas terminal in the eastern port city of San Pedro de Macorís, with investments that exceed the US$350 million, and is expected to be finished in 2014.
“The terminal will be part of an inclusive logistic solution to bring natural gas to the country and will be the first investment of BW in the Caribbean, company that believes in the future of the Dominican power market,” .
"This announcement is one of the most important developments in the country's energy market in the last decade," said Celso Marranzini, CEO of the State-owned group of power companies (CDEEE).
Written by: josean, 10 Jan 2012 4:41 AM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
More pre-election lies!
Written by: derek, 10 Jan 2012 5:12 AM
From: Dominican Republic
You are the most negative person on this site. You have absolutely no logic, but just slam the man who saved this country after LLego Papa plundered the till 8 years ago
Written by: josean, 10 Jan 2012 5:21 AM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
¡El que se pica, es por que ají come!
Pointing out the lies of the Narco-PLD Mafia is the contrary to "negativism" it is very positive to help people not to Drink the Purple Kool-Aid of the government propaganda machine.
Apparently though you take yours intravenously!
Written by: BASTA, 10 Jan 2012 5:29 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
LLego Papa plundered the till 8 years ago= better to look at our queen and the pld who have raped our country for 12 years.
Celso Marranzini as for you; you suck, when will you improve our lights.We are worse now than before you came on board. Better that thief Segura!
Written by: josean, 10 Jan 2012 5:31 AM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
"but just slam the man who saved this country"
If you referring to the Dominican Messiah, the second coming of Christ the guy that walks on water Lie-onel Fernandez you must mean he saved us from this:
More drug traffic than ever in the history of the republic;
More insecurity and crime;
One of the worst educational systems in the world;
His refusal to obey the law and fund education at the constitutionally mandated 4%;
Wideingn the gap between the haves and the have not’s;
The biggest foreign debt in the history of the republic;
Currently in violation of the agreement with the IMF;
An electrical system that is strangling business development and stifling foreign investment;
Domestic violence and the killing of women at historic levels never seen before;
Illegal immigration from Haiti totally out of control;
International Drug Lords from Puerto Rico living freely for years under Lie-onel’s nose;
Continued:
Written by: josean, 10 Jan 2012 5:32 AM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
Giving a $36,000,000 million dollar loan to a Spanish Drug dealer that the Spanish government has stated had no known entrepreneurial history to merit that type of credit;
Credit for receiving a personal check for half a million pesos from a known Dominican drug dealer;
Just to name a few of the things he “ Lie-onel has saved the country form!”
If you would like more examples of SALVATION let me know?
Written by: BASTA, 10 Jan 2012 6:09 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
Do not forget his Twinkies. God bless our Queenie.
Written by: josean, 10 Jan 2012 6:11 AM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
Is Jeter still here?
Written by: RoyStone, 10 Jan 2012 6:34 AM
From: Australia
Great, just what this country needs - infrastructure cementing our dependence on imported energy.
Perhaps US$350 million would be enough for a down-payment on a bio-fuel or ethanol-from-sugarcane plant?
Written by: anthonyC, 10 Jan 2012 7:33 AM
From: United States
Josie,
You constant harping on about the Fernandez Administration has turned into blind rage and is turning people off to your cause.
Every news story posted you turn it into a massive corruption conspiracy. Nobody is going to tske you serious anymore. This is a perfect example.
Unless you have evidence that this LNG terminal won't be built you are best served by staying silent.
Written by: BASTA, 10 Jan 2012 7:46 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
Every news story posted you turn it into a massive corruption conspiracy.= But it is all TRUE! Long live our Queenie in jail.
From: United States, words of wisdom from the nutcracker
The terminal will be part of an inclusive logistic solution to bring natural gas to the country and will be the first investment of BW in the Caribbean, company that believes in the future of the Dominican power market,” .
Im sorry but in order to have a dominican power market , you have to have power first
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Ant doesn't like the trooof.
AnthonyC, Josie just gave you 15 acts that are contrary to your beliefs. Ant show us good deeds that will out way them, please..... somebody.
You insult intelligence, when in fact yours is in question Mr. Genetically Modified.
How much are you getting paid. Is it worth it.
Written by: RonEvane, 10 Jan 2012 9:37 AM
From: United States, Gaithersburg, Maryland
{"Im sorry but in order to have a dominican power market , you have to have power first "}
No matter how good and plausible the news may be, to many, it's just another airtight case of fraud, deception, or a newfangled way of government stealing from the people.
most subscribers to this board discard it all as BS.-- this is just another election spin--. Can't happen because this is the DR and nothing good and positive could possibly ever take place here. ...Amazing!
To power industries, we must have a cheaper and reliable source of energy. Natural gas fits that bill perfectly, at least for the time being. It makes all the sense in the world to have a private enterprise invest this kind of money into a proven venue that's strategely situated for markets all around the Americas and Europe.
{"The terminal will be part of an inclusive logistic solution to bring natural gas to the country and will be the first investment of BW in the Caribbean"} (They've done it before.)
Written by: Juango, 10 Jan 2012 12:50 PM
From: United States, far S. Florida (formerly Santo Domingo)
Roy, NG is an imported energy source and the DR will always remain dependent on outside fuels. This news however is very good. Rolando Bunster (EGE Haina, CEPM, and CESPM) knows how to make money. A press release from BW Gas website:
http://www.bwgas.com/pages/sub_pages.asp?p=124This is the only way the old Cognetrix 300MW plant can operate economically. Now there will be two NG suppliers in the DR, AES and soon to be this JV (InterEnergy Holding/BW Gas).
Written by: RoyStone, 10 Jan 2012 1:18 PM
From: Australia
Natural gas still produces CO2 which many claim will destroy the planet. Bi-fuel and renewables are still not cost effective for large-scale base-load power generation. The only cost-effetive, clean and safe option is a properly-built, maintained and run, nuclear power station (using Australian uranium of course).
Written by: RoyStone, 10 Jan 2012 1:32 PM
From: Australia
I do not believe much of the country has intermittent supply due to lack of generating capacity. These are not random black-outs but scheduled rationing in an attempt to get consumers to pay their fair share. This is totally unacceptable for many Dominicans who would rather buy batteries and an inverter. They conserve electricity when running off the inverter, then waste it as hard as they can when the power is on. If the government installed remote (tamper-proof) smart-meters and everyone paid their share, in advance, there would be adequate, continuous supply. Makes sense ... won't happen.
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More pre-election lies!
¡El que se pica, es por que ají come!
Pointing out the lies of the Narco-PLD Mafia is the contrary to "negativism" it is very positive to help people not to Drink the Purple Kool-Aid of the government propaganda machine.
Apparently though you take yours intravenously!
Celso Marranzini as for you; you suck, when will you improve our lights.We are worse now than before you came on board. Better that thief Segura!
"but just slam the man who saved this country"
If you referring to the Dominican Messiah, the second coming of Christ the guy that walks on water Lie-onel Fernandez you must mean he saved us from this:
More drug traffic than ever in the history of the republic;
More insecurity and crime;
One of the worst educational systems in the world;
His refusal to obey the law and fund education at the constitutionally mandated 4%;
Wideingn the gap between the haves and the have not’s;
The biggest foreign debt in the history of the republic;
Currently in violation of the agreement with the IMF;
An electrical system that is strangling business development and stifling foreign investment;
Domestic violence and the killing of women at historic levels never seen before;
Illegal immigration from Haiti totally out of control;
International Drug Lords from Puerto Rico living freely for years under Lie-onel’s nose;
Continued:
Giving a $36,000,000 million dollar loan to a Spanish Drug dealer that the Spanish government has stated had no known entrepreneurial history to merit that type of credit;
Credit for receiving a personal check for half a million pesos from a known Dominican drug dealer;
Just to name a few of the things he “ Lie-onel has saved the country form!”
If you would like more examples of SALVATION let me know?
Is Jeter still here?
Perhaps US$350 million would be enough for a down-payment on a bio-fuel or ethanol-from-sugarcane plant?
You constant harping on about the Fernandez Administration has turned into blind rage and is turning people off to your cause.
Every news story posted you turn it into a massive corruption conspiracy. Nobody is going to tske you serious anymore. This is a perfect example.
Unless you have evidence that this LNG terminal won't be built you are best served by staying silent.
Im sorry but in order to have a dominican power market , you have to have power first
AnthonyC, Josie just gave you 15 acts that are contrary to your beliefs. Ant show us good deeds that will out way them, please..... somebody.
You insult intelligence, when in fact yours is in question Mr. Genetically Modified.
How much are you getting paid. Is it worth it.
{"Im sorry but in order to have a dominican power market , you have to have power first "}
No matter how good and plausible the news may be, to many, it's just another airtight case of fraud, deception, or a newfangled way of government stealing from the people.
most subscribers to this board discard it all as BS.-- this is just another election spin--. Can't happen because this is the DR and nothing good and positive could possibly ever take place here. ...Amazing!
To power industries, we must have a cheaper and reliable source of energy. Natural gas fits that bill perfectly, at least for the time being. It makes all the sense in the world to have a private enterprise invest this kind of money into a proven venue that's strategely situated for markets all around the Americas and Europe.
{"The terminal will be part of an inclusive logistic solution to bring natural gas to the country and will be the first investment of BW in the Caribbean"} (They've done it before.)
http://www.bwgas.com/pages/sub_pages.asp?p=124
This is the only way the old Cognetrix 300MW plant can operate economically. Now there will be two NG suppliers in the DR, AES and soon to be this JV (InterEnergy Holding/BW Gas).