Montecristi refinery

[NewsWhore]

Foreign Relations Minister Carlos Morales Troncoso announced that the government has begun preliminary feasibility studies for the installation of a petroleum refinery in northwestern Montecristi for the export of crude oil to the United States. He also explained that the heir to the Saudi throne would be visiting the country during the month of November to discuss the project, as reported by Diario Libre. The minister assured that the installation of a refinery on the north coast would be very beneficial for the Dominican Republic. He recalled that during his recent trip to New York, President Leonel Fernandez, Prince Turki Al-Faisal and several Saudi government officials held discussions about the installation of this refinery to serve as provider for the Dominican market and for export to the United States, particularly the east coast. Morales added that the government of Qatar has made similar proposals to the Dominican government.

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