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DOMINICA: Construction start-up on planned fuel storage plant, PETROCARIBE VENEZOLANA S.A. [Venezuela] Order #: 125106.

Publication: WWP-Business Opportunities in Latin America & the Caribbean
Publication Date: 01-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

Venezuela-based PETROCARIBE VENEZOLANA S.A., a subsidiary of state-owned PETROLEOS DE VENEZUELA S.A. (PDVSA), recently began building a fuel storage complex in Dominica. The project is intended to enable selling discounted fuel to Caribbean countries.

Construction...

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...plans call for building 6 tanks that will store gasoline, diesel, jet fuel and liquefied natural gas (LNG). The new complex is being installed on undeveloped land just north of the capital of Roseau. Venezuela will thus provide tanks, docking facilities and other infrastructure. In exchange, it will accept goods such as rice or bananas as partial payment.

The project, of undisclosed cost, is scheduled for completion some time in 2007. As a...

NOTE: All illustrations and photos have been removed from this article.



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