NewsWhore
05-27-2008, 04:30 PM
Industry and Commerce Minister Melanio Paredes is not willing to put all his eggs in one basket, saying that natural gas is not a panacea. According to Paredes, natural gas is not the most efficient alternative. It is just a short-term measure to confront the inevitable energy crisis. He says that at the moment there is an abundance of natural gas and it is still cheap. But he warned that in a few years the price of natural gas could also skyrocket, leaving the DR in the same position as it is in now. In this context, Paredes said that the government is seeking other short and medium-term alternatives aimed at reducing the country's dependency on fossil fuels.
Commenting on the propane (LPG) fuel subsidies, Paredes explained that the government is ready to narrow the focus of the LPG subsidies to domestic use and limited vehicular use. He added that the economy could not continue to sustain a large-scale LPG subsidy.
More... (http://www.dr1.com/index.html#6)
Commenting on the propane (LPG) fuel subsidies, Paredes explained that the government is ready to narrow the focus of the LPG subsidies to domestic use and limited vehicular use. He added that the economy could not continue to sustain a large-scale LPG subsidy.
More... (http://www.dr1.com/index.html#6)