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Discretionary application of Petrol Law

Image via Wikipedia El Caribe reports that Hydrocarbons Law 112-00 was drafted to end the discretional management of the calculation of fuel prices to truly reflect the fluctuations on the international market. But El Caribe reports that the government has consistently failed to implement the law and has applied it with discretion. El Caribe says that the law…

24-hour electricity not a dream

The vice-president of the State Electricity Companies (CDEEE), Celso Marranzini is optimistic that there could be days without blackouts forthcoming. He said that the 24th and the 25th showed that “the country could have 24-hour energy” not just on holidays if all sectors fulfilled their obligations. He said that the country has had bigger energy problems and has overcome them. He said that on Christmas Eve and Christmas Day there was so much energy being produced that he ordered that…

Dominicans look to Pemex for help

The Dominican Republic has asked Mexico for help with efforts to explore for oil and gas in its territory, the Caribbean nation’s economy minister said. Temistocles Montas said his country is totally dependent on foreign suppliers of gas and oil and therefore the search for these resources is an urgent policy matter. “The idea is to be able to reach agreements with the Mexican authorities,” said Montas, who did not rule out the involvement of state-owned Pemex, reported the Latin…

Fernandez inaugurates natural gas plant

Image via Wikipedia President Leonel Fernandez cut the symbolic ribbon inaugurating a new natural gas plant at the Caucedo Energy Park yesterday. The plant was built by the SNG company (Soluciones Gas Natural SA), part of the Lama Business Group at a cost of RD$500 million. It is considered one of the…

2/3 of houses have no meters

Of the 2,730,285 houses counted in the country two years ago, 47% (1,117,789) did not have an electricity meter, while 33.3% (790,212) have a meter and 19.5% (462,284) pay a fixed rate. In other words, 66% of houses do not have meters. Image via Wikipedia Diario Libre reports that the data obtained from the National Survey of…