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Gasoline refinery set for Central America; presidents decline to pick a site

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/10946

Gasoline refinery set for Central America; presidents decline to pick a site

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Title: Gasoline refinery set for Central America; presidents decline to pick a site
Author: NotiCen writers
Subject(s): Gasoline refinery set for Central America; presidents decline to pick a site
Panama
Guatemala
isthmus
La Romana
Dominican Republic
refinery
Puerto Armuelles
Puerto Quetzal
Guatemala
IDB
UN Economic Comission for Latin America and the Caribbean
ECLAC
regional power grid
natural gas pipeline
PEMEX
PIM
Fox
KBC Advanced Technologies
KBC
REFIDOMSA
Shell
alternative energy
Abstract: Panama and Guatemala are in contention for the site of the most expensive project ever undertaken in Central America. Ten heads of state, representing the isthmus plus Mexico, Colombia, and the Dominican Republic, met in La Romana, the Dominican Republic, to decide whether a US$6.5 billion gasoline refinery would be built in Puerto Armuelles, Panama, or Puerto Quetzal, Guatemala. Aiming to reduce Central America's energy costs, the refinery, with a capacity of 360,000 barrels per day, would provide the isthmus with gasoline at US$8 a barrel less than open-market prices, according to Mexico's Energy Secretary Fernando Canales.
Date: 2006-06-08
URI: http://hdl.handle.net/1928/10946

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