Thursday, 14th November 2024

Dominican Republic to supply Barbados with LNG

Deal is an 'important milestone' says AES Dominicana president

Wednesday, 24th May 2017

Energy group AES Dominicana has signed an agreement to supply liquefied natural gas to the Barbados National Oil Company Limited (BNOCL).

The fuel will comes from the AES Andres LNG terminal in the Dominican Republic, according to Edwin De los Santos, president of AES Dominicana.

De los Santos said the agreement “represents an important milestone for the country's positioning as the Caribbean's most geographically strategic distribution centre toward the rest of the greater Caribbean area, and aligned with the public-private alliance growth strategy that should exist to achieve successful businesses, especially in matters of energy.”

The agreement between AES Dominicana and BNOCL is the first to be executed by AES Dominicana with a neighbouring country.

In addition to distributing LNG via ISO containers, AES will also transport LNG via small bulk carriers following the successful modifications at the AES Andres LNG terminal in January 2017.

At the beginning of this year, AES Dominicana completed construction of the new AES Andres Marine Facility, with an investment of US$9 million, which consisted in adapting the existing LNG reception terminal into an export terminal for ships as small as 10,000 cubic meters.

AES has performed more than 35,000 small scale cryogenic loadings without a single safety incident since it began operations seven years ago.