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dc.contributor.authorMike Leffert
dc.date.accessioned2011-02-08T23:26:14Z
dc.date.available2011-02-08T23:26:14Z
dc.date.issued2007-05-24
dc.identifier.urihttp://hdl.handle.net/1928/12080
dc.description.abstractPanama has signed accords that will make the country home to two new oil refineries. A consortium composed of US-based DuTemp, ControlSud of Luxemburg, and Ecosel of Colombia has signed a deal that creates the Panamanian company EDC. The company will invest US$6.5 billion in a plant that will produce an estimated 250,000 barrels per day (bpd) of gasoline. The ink was hardly dry on that deal when officials signed another with Occidental Petroleum and the country of Qatar to build a 350,000-bpd refinery at a cost of US$8 billion, as President Martin Torrijos looked on. The price tag on each of these plants is more than the US$5.25 billion to be spent on the Panama Canal expansion. The EDC plant is to be something of a gem, a state-of-the-art exercise that will incorporate plasma arc technology to make it, say the promoters, nearly pollution free. Said Alberto Grosso, president of ControlSud International, "The construction of this refinery will bring Panama to greatest importance in Central America and in the world as an energy hub." Sergio Barreto, architect of the plant, said, "It is an ecological refinery with a design that allows us to achieve 100% full conversion, without waste or emissions."en_US
dc.language.isoen_USen_US
dc.publisherNotiCenen_US
dc.subjectoilen_US
dc.subjectconsortiumen_US
dc.subjectDuTempen_US
dc.subjectControlSuden_US
dc.subjectEcoselen_US
dc.subjectEDCen_US
dc.subjectOccidental Petroleumen_US
dc.subjectPresident Martin Torrijosen_US
dc.subjectPanama Canalen_US
dc.subjectplasma arcen_US
dc.subjecttechnologyen_US
dc.subjectecologicalen_US
dc.subjectwasteen_US
dc.subjectemissionen_US
dc.subjectnatural gasen_US
dc.subjectreservesen_US
dc.subjectcrudeen_US
dc.subjectgreenhouseen_US
dc.subjectGuatemalaen_US
dc.subjectPlan Puebla Panamaen_US
dc.subjectPPPen_US
dc.subjectPresident Felipe Calderonen_US
dc.subjectReliance Industries Limiteden_US
dc.subjectRILen_US
dc.subjectthermoelectricen_US
dc.subjectpoweren_US
dc.subjectJamnagaren_US
dc.subjectChevronen_US
dc.subjectPEMEXen_US
dc.subjectDowen_US
dc.subjectVenezuelaen_US
dc.titlePanama's Plethora Of Refinery Deals Could Make It A Global Energy Huben_US
dc.typeArticleen_US


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