AES Dominicana, the Dominican Republic’s branch of global power company AES, will offer liquefied natural gas (LNG) bunkering service in the Caribbean region, it announced on Thursday.
Bunkering, or refuelling, of LNG is expected to become a growing business as demand for the compressed fuel grows. LNG’s appeal is that it is less polluting than more traditional liquid fuels.
The Dominican’s AES Andres LNG terminal – in the southeast of the country’s Caucedo peninsula – specialises in the importation, storage and distribution of LNG.
Using this expertise as a head start the company plans to upgrade the AES Andres facilities for reload operations. It wants to launch LNG transshipment and bunkering services from the port by 2016 and make it a hub for LNG customers throughout the Caribbean and Central and South America.
Transshipment will mean breaking down big loads into smaller ones which are transferred to smaller vessels to cater to the needs of smaller clients.
The Dominican Republic comprises the eastern half of the island of Hispaniola, with Haiti making up the western half.