Santo Domingo.- Rising natural gas prices began to concern wider sectors as yesterday, when Dominican Business Federation (FDC) president Ivan de Jesus Garcia accused the local subsidiary of U.S. based company AES of applying unjustified increases, which in his view affect the millions invested in the sector.
Unatrafin transport union leader Arsenio Quevedo also complained of the increases which he affirms now makes the use of natural gas less feasible than propane, with the same cost or even more expensive.
Garcia, who said Dominican companies invested more than US$ 100 million convert to natural gas expecting its price wouldn’t increase over a period of 10 years, accused AES Dominicana of having a monopoly on that fuel, which jeopardizes not only to manufacturers, but several utilities and transport.
Quoted by diariolibre.com, the business leader said the time has come to deal with the monopoly in the marketing of natural gas, citing the Sultana del Este power plant, in San Pedro, which he affirms can’t operate because AES Dominicana opposes the construction of a natural gas pipeline from the Caucedo terminal to San Pedro.
Quevedo said he’ll ask the Industry and Commerce Ministry to revert the price jumps in natural gas, which he affirms affect more than 6,000 public transport vehicles and 52 industries.
Written by: josean, 7 Aug 2012 8:28 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
So whats New under the Purple Dictatrorship?
Written by: jhcl2012, 7 Aug 2012 8:32 AM
From: United States, PA - Mas pa'lante, ¡Manos a la obra!
La Cita: Autopista del Coral
La Fecha: 8 August 2012 (Mañana)
Claro, solo y gracias al Presidente Leonel y el PLD 100%
:-)
* Gracias Dios, tenemos a Leonel, a Danilo, y a Margarita *
DANILO MEDINA, Presidente Electo, PLD, Rep. Dominicana
Written by: BASTA, 7 Aug 2012 8:51 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
Gracias Dios, tenemos a Leonel, a Danilo, y a Margarita == How do you say crap!
Written by: anthonyC, 7 Aug 2012 8:58 AM
From: United States
They smell monopoly?
Of course it is a monopoly....It is what the Dominican people want. Just like Gasoline, Chicken and everything else they want the government to control the prices on.
From: United States
anthonyC, couldn't have said it better. ++
A license to steal.
From: United States
"Cement exports jump 34%, but 35% of capacity lies idle"
Supply and demand have NOTHING to do with Dominican voodoo economics.
From: United States, FREEPORT, Long Island.... ((You're blind to the fact that you're blind))
Audit leonel and you will find the truth..... Just ask his partner Hugo why leo hasn't paid in BEANS the debt owed....
Leo's son-n-law is the future Fuel baron of the dominican republic.
Written by: simondc3, 7 Aug 2012 10:56 AM
From: United States
Like the Tech bubble, like the Housing bubble, the Natural Gas supposed "everylasting market glut" in the USA is nothing but another bubble. Natural Gas will only go up from here and DR, not actually having any reserves, will be sidelined unable to afford any.
Dominicans got genuflected and a**-probed when their gov't cronies signed that deal.
Even if those cronies weren't aware the bubble that it is, whoever signed it knew it was a scam, for what good can a NG plant be when you have to import each cubic feet of gas you process?
From: United States
says simond
Dominicans got genuflected and a**-probed when their gov't cronies signed that deal.
Even if those cronies weren't aware the bubble that it is, whoever signed it knew it was a scam, for what good can a NG plant be when you have to import each cubic feet of gas you process?
well, we also import every bucket of petroleum we process. you could have seen this coming, a mile off. i posted,maybe 6 months back, that the government needed to control this enterprise, IN THE BEGINNING, in order for it to get off the ground. then, when a sufficient number of filling stations were in place, they could be auctioned off to the public, with limitations placed on how many pumps each buyer could own. otherwise, the big players are going to create a monopoly situation, and the price is going to escalate, every week. i was right.
From: United States, FREEPORT, Long Island.... ((You're blind to the fact that you're blind))
I guess the ones that held onto their permits when Leo asked for them back are kicking themselves in the assss for not tossing it back.
Written by: abc200, 7 Aug 2012 2:28 PM
From: United Kingdom, Dominican Republic
Gasoline ,Natrural gas tax needs to go up. It is very cheap compared with countries such as Turkey.
\Tax can go to farmers who need diesel etc.
S,
Written by: anthonyC, 7 Aug 2012 3:02 PM
From: United States
I love it when people say "WE" when they are not at all involved with the topic at hand.
Written by: josean, 7 Aug 2012 3:34 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Alpha66 I hate to break the news to you but just by being a consumer WE are involved unless YOU steal the product!
Written by: anthonyC, 7 Aug 2012 4:42 PM
From: United States
Josean,
Sorry to disappoint you but I am not Gay. So you can stop with the piropos!
And now you are not involved. You don't even live in the D.R. and are not in the LNG/CNG industry nor the Government(Thank God!)
Written by: josean, 7 Aug 2012 5:02 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"Josean,
Sorry to disappoint you but I am not Gay. So you can stop with the piropos!"
I glad you clarified that because my belief always was that you are a Hermaphrodite!
From: United States, FREEPORT, Long Island.... ((You're blind to the fact that you're blind))
You had me fooled, in believing you were.
From: United States
his sexuality may be a matter of speculation, but his stupidity is unequivocal.
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So whats New under the Purple Dictatrorship?
La Fecha: 8 August 2012 (Mañana)
Claro, solo y gracias al Presidente Leonel y el PLD 100%
:-)
* Gracias Dios, tenemos a Leonel, a Danilo, y a Margarita *
DANILO MEDINA, Presidente Electo, PLD, Rep. Dominicana
Of course it is a monopoly....It is what the Dominican people want. Just like Gasoline, Chicken and everything else they want the government to control the prices on.
anthonyC, couldn't have said it better. ++
A license to steal.
"Cement exports jump 34%, but 35% of capacity lies idle"
Supply and demand have NOTHING to do with Dominican voodoo economics.
Leo's son-n-law is the future Fuel baron of the dominican republic.
Dominicans got genuflected and a**-probed when their gov't cronies signed that deal.
Even if those cronies weren't aware the bubble that it is, whoever signed it knew it was a scam, for what good can a NG plant be when you have to import each cubic feet of gas you process?
Dominicans got genuflected and a**-probed when their gov't cronies signed that deal.
Even if those cronies weren't aware the bubble that it is, whoever signed it knew it was a scam, for what good can a NG plant be when you have to import each cubic feet of gas you process?
well, we also import every bucket of petroleum we process. you could have seen this coming, a mile off. i posted,maybe 6 months back, that the government needed to control this enterprise, IN THE BEGINNING, in order for it to get off the ground. then, when a sufficient number of filling stations were in place, they could be auctioned off to the public, with limitations placed on how many pumps each buyer could own. otherwise, the big players are going to create a monopoly situation, and the price is going to escalate, every week. i was right.
\Tax can go to farmers who need diesel etc.
S,
I love it when people say "WE" when they are not at all involved with the topic at hand.
Alpha66 I hate to break the news to you but just by being a consumer WE are involved unless YOU steal the product!
Josean,
Sorry to disappoint you but I am not Gay. So you can stop with the piropos!
And now you are not involved. You don't even live in the D.R. and are not in the LNG/CNG industry nor the Government(Thank God!)
"Josean,
Sorry to disappoint you but I am not Gay. So you can stop with the piropos!"
I glad you clarified that because my belief always was that you are a Hermaphrodite!