• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 1 hour Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 22 hours Biden about to face first real test. Russia building up military on Ukraine border.
  • 14 mins America's pandemic dead deserve accountability after Birx disclosure
  • 2 days Trump punches back at Fauci and Birx's revisionist history (aka lies)
  • 3 days The coming Cyber Attack
  • 8 hours U.S. and Chinese investors to buy Saudi pipelines , $10 Billion deal.
  • 19 hours Create a new law "Postericide" to prosecute and imprison Climate Change "Deniers"
  • 2 days New Chinese Coal Plants Equal All those in U.S.A
  • 2 days Goldman Betting on Cryptocurrencies
  • 12 mins NG spot prices hit triple digits for weekend delivery
  • 4 days New German Study Shocks Electric Cars: “Considerably” Worse For Climate Than Diesel Cars, Up To 25% More CO2
  • 5 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 6 days Forecasts for Natural Gas
Blackrock Investment Guru Busts The ESG Investing Myth

Blackrock Investment Guru Busts The ESG Investing Myth

Blackrock’s former chief of investment…

Dominican Republic Turns to Gazprom for Help on Energy Strategy

Last week the Russian energy giant, Gazprom, sent a delegation to the Dominican Republic following an invitation to perform geological surveys and help in the development of electrical power projects.

A group of deputies from the republic’s National Congress, including the chairman of the parliamentary energy commission, Pelegrin Seman, stated that their nation’s reliance upon foreign fuels is too high. They are forming legislation to help develop oil and gas reserves on the Haitian Shelf, to construct renewable energy projects, and improve the efficiency energy use on the island at the moment.

Gazprom met with Enrique Ramirez, President of the National Energy Commission, who told them that the Dominican Republic currently have an energy supply deficit of 2,000 – 2,300 megawatts, and are therefore planning a new energy strategy which will involve more domestically produce energy, and more efficient energy distribution channels.

The hope is that Gazprom will be able to use its expertise to offer advice in the exploration and development of oil and gas on the Haitian Shelf, and be able to help with the electric power projects. Ramirez tried to entice the Gazprom delegation with assurances that, "we'd like to see your company in the Dominican Republic. We're ready to do everything necessary to ensure normal operations for you and the security of your investments."

Gazprom were able to visit several power stations in Santo Domingo, Puetra Plata, and Punta Cana in order to familiarise themselves with the current level of technology and help them figure out the possibility of modernising the plants, and shifting them to gas fuel.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News