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View Full Version : Gazprom coming to the DR



NewsWhore
11-13-2009, 05:20 PM
Russian energy giant Gazprom has announced plans to install a natural gas processing plant for vehicular and domestic use in Haina. Some 70 natural gas stations would be installed as part of the project. The natural gas plant will be operational in 3 or 4 years. Foreign Minister Carlos Morales Troncoso made the announcement at the Presidential Palace. He said that the installation would include a tank with storage capacity for 250,000 cubic meters of natural gas and three power generation units to produce 300 megawatts. In addition, several power generation modules will be installed, for a US$800 million investment.
Georgy Fokin, director general of Gazprom Transgaz met with President Fernandez at the Presidential Palace yesterday.
Gazprom is the world's largest gas company basically focused on geological exploration, production, transmission, storage, processing and marketing of gas and other hydrocarbons. The Russian state owns a 50.002 per cent controlling stake in Gazprom.

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