Feb 4, 2010

First LNG Distribution Terminal in the Dominican Republic

AES Dominicana has inaugurated a LNG distribution terminal east of Santo Domingo, the first facility of its type in the Dominican Republic and Latin America. The LNG terminal will yield annual savings of more than $1 Bn, AES Dominicana officials said.

The terminal will allow the Dominican Republic to “significantly” reduce its high dependence on petroleum, AES Dominicana chief Marco De la Rosa said.

The LNG terminal, among other benefits, will allow the Dominican Republic to replace 35 percent of its fuel mix, create around 300 new direct and indirect jobs, and reduce emissions of CO2, the gas believed to contribute to global warming, by more than 300 tons annually.

The use of LNG “will help achieve total savings on the order of $1.1 billion annually, representing a sum relative to 2.5 percent of the gross domestic product,” the AES Dominicana chief said.

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