AES and Marti to construct multi-fuel terminal in Trinidad and Tobago
AES Dominicana and Marti Petroleum Group (Marti PG) have signed an agreement for the construction of what would be
the largest and most modern fuel terminal in the Dominican Republic. The proposed Caucedo Petroleum Terminal would
involve a $ 50 mm investment.
Carlos Jose Marti, spokesman for Marti PG, said that the new terminal would go up beside the AES Andres installations
in Punta Caucedo. Marti PG operates propane gas distributors Tropigas Dominicana and Sunix Petroleum.
The company signed an agreement with AES Dominicana for the distribution of natural gas nationwide. Marti said that
in the first quarter of 2009 construction would start on the 10 mm gallon capacity propane gas storage tanks.
The installation would also have on site a diesel tank with capacity for 120,000 barrels of fuel.
The multi-fuel terminal (propane gas, natural gas, gasoline and diesel) would enable the country to keep strategic
reserves to confront any contingency.
The new terminal would also mean that the country could source fuel from large ships, reducing costs.
