ENGIE, AES Andres partner to promote natural gas sales in the Caribbean
ENGIE and AES Andres recently formed a partnership to market liquefied natural gas (LNG) sales in the Caribbean.
“We are proud of our leadership in bringing LNG to the Dominican Republic and the Caribbean, and are happy to partner with ENGIE to provide a competitive and reliable source of LNG by leveraging ENGIE’s LNG position and our existing infrastructure,” said Manuel Perez Dubuc, president of AES Mexico, Central America and the Caribbean.
AES Andres, a unit of the AES Corp., and ENGIE will jointly market 0.7 million tonnes per annum (mtpa) of LNG in order to provide a cleaner and cost-effective alternative to oil-fueled power generation. Doing so will pave the way to supply industrial customers, develop small scale demand and satisfy the growing need for natural gas in the region.
Philip Olivier, chief executive officer of ENGIE GLOBAL LNG said, “This agreement underlines the value that ENGIE, as a major LNG player, can bring to utilities and end users such as AES through its LNG portfolio, its access to the global LNG markets, and ultimately its know-how in packaging natural gas as a flexible product that responds to its customer needs.”
