Source

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.”

Daily Energy Insider Reports

Recent Posts

Retail energy consumers will see stronger protections under newly enacted legislation

Maryland Gov. Wes Moore (D) on Thursday signed into law a bill that will bolster consumer protections — especially those…

3 days ago

Edison Electric Institute reveals seven finalists for 2024 leadership and innovation award

Ahead of final announcements in June, the Edison Electric Institute (EEI) this week announced the domestic and international finalists for…

4 days ago

NextEra Energy promotes two to executive roles

Kirk Crews was appointed to the position of executive vice president and chief risk officer at NextEra Energy. Crews was…

4 days ago

U.S. electric power sector experienced 4 percent fewer delays in utility-scale solar projects in 2023

Fewer delays faced U.S. utility-scale solar deployments last year, according to the latest Electric Power Monthly from the United States…

4 days ago

DOE releases list of potential electric transmission corridors in need of expansion

The U.S. Department of Energy (DOE) is looking to accelerate the development of transmission projects in areas that present an…

4 days ago

Avangrid gathers universities, labs, and incubators for Innovation Forum on Transformative Collaboration

Eyeing ways to advance the clean energy transition, sustainable energy company Avangrid, Inc. recently gathered a mix of universities, national…

4 days ago

This website uses cookies.