Gas Distributor to Set Up in Honduras
The Mexican Zeta Gas Company, an importer and exporter of LPG (Liquefied Petroleum Gas), will invest about $6 million in the operation.
Thursday, March 26, 2009
Fredis Cerrato, Honduran Industry and Trade Secretary, reported to latribuna.hn that the company will operate throughout the country and that "it will start with a fleet of 100 trucks, creating 250 direct and 1,500 indirect jobs."
The company has opened the first liquefied petroleum gas (LPG) plant, out of the twenty that it plans to open in the country.
The 1995 free trade agreement between Mexico and Costa Rica is under threat as the result of a dispute over liquefied petroleum gas (LPG), the fuel of preference in much of the region.
Internal problems in the larger of the two current distributors is restricting supply in the market and has forced the government to authorize the operation of other distributors.
The plant, capable of storing 350,000 barrels of fuel, will be inaugurated on May 19.
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