Venezuela
proposes natural gas plants
Trinidad Express
Port Spain
Petroleumworldtt.com
09 04 07
SANTO DOMINGO, Dominican Republic - Venezuelan
President Hugo Chavez has proposed building natural
gas reprocessing plants on the island of Hispaniola
to export
fuel throughout the Caribbean, the Dominican government has said.
Dominican President Leonel Fernandez's office
said in a statement that Chavez suggested the idea
when the two met at this weekend's summit of nations
participating in Venezuela's Petrocaribe initiative,
which supplies fuel to 15 Caribbean countries on
preferential terms.
Hispaniola, which is shared by Haiti and the Dominican
Republic, suffers from fuel shortages and high
prices.
In May, the Dominican Republic opened its first
natural gas compression plant with financing from
Uruguayan and local investors. The plant is used
primarily to process imported fuel from Trinidad
and Tobago.
Trinidad
Express
Wednesday, August 29th 2007
Copyright
©2007 Trinidad Express. All Rights Reserved.
