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February 25, 2022
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Dominican Oil Refinery: fuel supply is guaranteed

Refinería Dominicana de Petróleo: suministro de combustible está garantizado

The president of the Dominican Oil Refinery (Refidomsa), Leonardo Aguilera, clarified that the country has no fuel supply problems, and assured that the market supply is guaranteed.

Aguilera made the clarification after some media attributed to him having warned that the country only has fuel availability for 30 or 45 days.

the president of RefidomsaWhen asked by journalists at the end of a mass for the company’s 49th anniversary, he said that no non-oil-producing country in the area has reserves for more than 30 to 45 days.

What was declared by the executive was in the context of a possible extension of the crisis between Russia and Ukraine, which he pointed out, he hopes that it will not be prolonged.

You may be interested in: Ukraine and Russia: Effects on Latin America of rising oil prices

“The country can be sure that for the supply of derivatives of the Petroleum There have not been, nor will there be, doubts in our hands,” he said.

He gave as an example that the company is currently immersed in the process of building the spheres that will increase the storage capacity of LPGone of the oil derivatives with the greatest impact on the lives of all Dominicans.

Likewise, Aguilera, before another question about the price of oil, said that according to reports from investment banks and multilateral organizations, if the conflict continues crude oil could hit $125 a barrel.

However, he clarified that if the Russia-Ukraine conflict does not escalate, the price tends to stabilize or decrease.

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