Dominican Republic
Press Release

High quality synthetic fuel and organic fertilizer production contract signed in the Dominican Republic

Bnamericas Published: Thursday, November 18, 2021
High quality synthetic fuel and organic fertilizer production contract signed in the Dominican Republic

This CNE release was published using machine translation.

The Dominican State represented by the National Energy Commission (CNE) and the company Ridge Partners Línea Noroeste, SA, signed a definitive concession contract this Tuesday afternoon for the exploitation of D-2 Diesel Biofuel generation works from renewable primary sources of urban solid waste.

President Luis Abinader through special power of attorney number 72-21, on October 29, authorized the Executive Director of the CNE, engineer Edward Veras, to sign the definitive concession with the company that will operate in the municipality of Laguna Salada, in the Valverde province.

Veras highlighted the importance of the plant that will produce synthetic fuel and high quality organic fertilizer (biochar), while indicating that it is one more example of the confidence generated by the government, due to the support it provides to the national energy sector.

The activity was carried out at the Julio Sauri Club, of the defunct Dominican Corporation of State Electric Companies (CDEEE) and was attended by authorities from the Ministry of Energy and Mines, as well as the rest of the institutions that make up the national electricity sector.

The president of Ridge Partners Línea Noroeste, SA, Thomas Jay Kluber, thanked the government for the willingness and explained that the company will use urban solid waste from the area as its primary source of production, which will have a capacity to produce up to a 1,950,354 gallons of fuel per month (1,950,354), about 23,404,254 gallons per year.

The contract explains that synthetic fuel has chemical characteristics similar to Diesel D-2. In addition, it indicates that the CNE granted the company a provisional concession on March 19, 2019 for the analysis and studies for the Biofuel power generation project.

In addition, on March 13, 2020, the company requested the CNE for the definitive concession, and on April 22, 2021, through resolution number CNE-CD-0003-2021, the Executive Power was recommended to grant the enabling title and the Subscription of the definitive concession contract with the company Ridge Partners Línea Noroeste.

It is established that the definitive concession contract has a validity period of 25 years, effective as of the signing of the agreement between the parties.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Oil & Gas

Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: C-m-346_r14
  • Current stage: Blurred
  • Updated: 2 years ago
  • Project: C-m-411_r14
  • Current stage: Blurred
  • Updated: 2 years ago

Other companies in: Oil & Gas (Dominican Republic)

Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Grupo Credigas Nativa
  • Grupo Credigas-Nativa is a corporation owned by businessman Jangle Vásquez that distributes propane gas and fuels in the Dominican Republic since 1973. Headquartered in Santo Do...
  • Company: Antillean Gas, Ltd.  (Antillean Gas)
  • The Dominican company Antillean Gas, Ltd. is a consortium composed of the local companies Propagas, Tropigas and Interenergy, together with the Colombian natural gas distributor...