Tropigas to Invest $14 Million in El Salvador

The gas distributor will expand its terminal in port La Unión, doubling its propane storage capacity.

Tuesday, July 14, 2009

Tropigas will invest between $4 million and $14 million in El Salvador, depending on the obligations assumed by the company. The General Director of Grupo Tropigás, Marco Martínez, told newspaper La Prensa Gráfica that "right now they are only having conversations with their partners and authorities of the Economy Ministry, with whom they will meet this week".

With the expansion, Tropigas would be capable of storing up to 7 million gallons of propane gas in La Unión Port, a considerable improvement from the 3.5 million gallons they are capable of storing today.

More on this topic

Roatan Island: 28 MW Propane Gas Generator

March 2016

A Finnish multinational company has resolved its electricity problems in Roatan Island with a generating plant based on propane gas.

The growth of tourism in the Bay Islands (Honduras' northern Caribbean) has made feasible a project by the Finnish company Wärtsilä to install a 28 MW power plant based on propane gas.

Investment in Conversion of Cars to Propane Gas

November 2013

In Guatemala Grupo Tomza has launched a plan to convert gasoline engines to use propane gas, at an average cost of $1,000.

The company recently made a presentation of the project in which it will invest $90,000.

"All investments are welcome in this country, because things like this will help family economies and contribute to the environment.

Trinidad and Tobago Strengthens Trade Ties with Panama

November 2011

The Caribbean country will export propane and butane, among other things, in order to meet the growing demand for fuel

In order to increase trade relations with Panama, government representatives from Trinidad and Tobago visited the canal country, where business people and government officials discussed the possibility of selling energy and transmiting knowledge about this industry to the Panamanians.

Propane Gas Market Sees Investments

July 2009

Salvadoran propane gas companies expect to double their sales by investing in distribution centers and upgrading their customer service.

Tropigas will invest $4 million in expanding its storage terminal in La Unión, while Tomza, of Mexican capital, projects to open 100 stores in the mid term, in addition to the 200 it currently operates in El Salvador.

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Development project for Sale by Owner

Investment Opportunity for developers. First-time on the market Investment Development Project for sale. Privileged location to the South of the Capital and a 5-minute drive to its heart.
Perfectly poised on a massive 2800 sqm approx. ‘La...

Stock Indexes

(Dec 15)
Dow Jones
S&P 500


(Dec 15)
Brent Crude Oil
Coffee "C"