El Salvador: Alba Petróleos Faces Supplying ProblemsWednesday, March 31, 2010 For the past two weeks, gas stations selling goods from Alba Petróleos are facing shortages. Company representatives explained that the problem was caused by a delay in one of the ships which transport the fuels, but sector businessmen argue the situation started in a refinery in Curazao. Petronic seeks to replace Esso in Nicaragua as chief oil importerThursday, June 12, 2008 Petróleos de Nicaragua (Petronic) has advised Congress it intends to become the main importer of crude oil through a preferential agreement with Venezuela. Petronic officials estimate "that in the second half of the year it will become the most important importer of oil in Nicaragua, surpassing Esso for the first time," said Francisco Aguirre, president of the Economic Commission of Congress. Puma Accepts Conditions for ESSO PurchaseFriday, February 10, 2012 Puma Energy has agreed to the terms established by the Governing Board of the Superintendency of Competition in El Salvador, complying with the proposed requirements in order for the merger to be authorized. The Puma Energy Company has accepted and carried out the ex-ante condition established by the Board of Directors of the Superintendency of Competition (SC). Fuel Market in GuatemalaWednesday, January 18, 2012 There are eight importers who supply more than 1,250 service stations; companies compete to attract customers with better services. The purchase of Shell’s operations by Unopetrol, and Esso’s by Puma Energy, has spurred competition and is transforming the fuel sales market, with the opening of new retail outlets and additional service offers, such as car washing. Honduras: Wind Project to Deliver a Guarantee of $4.5 MillionWednesday, April 29, 2009 Mesoamérica Energy will deliver a guarantee of compliance to the government for the development of the Cerro Ula wind farm project. The guarantee would support the implementation of the first phase, which contemplates the generation of 60 MW of energy. José Morán, manager of Mesoamérica Honduras, said, "This shows that we are working and that we are going at a good speed according to what the contract with the National Electric Power Company calls for." New Wind Power Plant in Costa RicaMonday, January 6, 2014 By the end of 2014 the Spanish company Gamesa expects to complete the construction of a 50 MW wind farm in the province of Guanacaste. From a press release by Gamesa: $ 209 Million for Cerro de Hula Wind ProjectFriday, November 19, 2010 The BCIE and the EX-IM Bank signed a loan in favor of Energía Eólica de Honduras. The resources will be invested in the Cerro de Hula Wind Project, which will generate 102 MW and is located in the Department of Francisco Morazan, Honduras. Ex-Im Bank Finances Expansion of Cerro de Hula Wind FarmThursday, March 14, 2013 The $28.6 million loan granted to Energía Eólica de Honduras S.A. will increase the generating capacity of Cerro de Hula to 126 MW. The terms of the loan include the assembly of new wind turbines being the responsibility of 200 North American workers from the state of Pennsylvania. Puma-Esso Merger Conditional on Benefits to ConsumersFriday, January 27, 2012 The Superintendence for Competition in El Salvador requires proof that the economic concentration will bring significant gains in efficiency, with direct benefits for consumers. A press release from the Superintendency of Competition (SC) reads: A Natural Gas Terminal in the PacificMonday, December 4, 2017 The Panama Canal Authority is evaluating constructing a Liquefied Natural Gas supply terminal on the Pacific Coast, with an investment that could be around $100 million. Oscar Bazán, executive vice president of Planning and Commercial Development of the Panama Canal Authority (ACP), told Elcapitalfinanciero.com that "... they have already completed an exploratory study to determine the feasibility of installing a liquified natural gas supply terminal (LNG) on the Pacific coast. The study was conducted with cooperation funds from the United States Trade and Development Agency (Ustda)." Honduras Concessions Oil ExplorationFriday, October 26, 2012 The Honduran government is negotiating with BG Group over the award of a hydrocarbon exploration concession in 3.5 million hectares in La Mosquitia. Laprensa.hn reports that the presidential adviser, Roberto Herrera Cáceres, "admitted to the press that there is a memorandum of understanding in which Honduras has reflected the requirements for investing in the country and these have been supplied to the British company for their analysis and so that they may reiterate their interest in continuing to negotiate with this government. " |
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