$100 million Pipeline Construction Being Assessed

The company AES is studying the feasibility of expanding the Andrés terminal in the Dominican Republic in order to export liquefied natural gas and build a pipeline with capacity to generate 1,000 MW of energy.

Monday, April 13, 2015

For the expansion of the terminal at Andrés an $25 million investment is estimated, while for pipeline construction the company AES plans to invest $100 million. These projects are expected to be ready during the third quarter of 2016.

Andrés Gluski, president and CEO of AES Corporation, commented, "... We have made large investments in the Dominican Republic and have changed the matrix, with which we have saved $500 million in fuel import costs. " With this project "... significant savings will be made for the country, depending on the cost of gas or diesel at the time."

An article published by AES Dominican Republic states that "... AES owns and operates a diverse business portfolio of generation and distribution of electricity, among these are, an import terminal for liquefied natural gas (LNG), a 319 MW combined cycle gas plant, in Andres; a 236 MW open cycle gas plant and 50% ownership of a 295 MW coal plant in Itabo. "

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