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June 18, 2022
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They assure the DR is not at risk of LPG shortages

They assure the DR is not at risk of LPG shortages

The Dominican Oil Refinery (Refidomsa) guaranteed this Friday that the country is not at risk of shortages of Liquefied Petroleum Gas (LPG), and reported that he received the last shipment from the company geogas as scheduled.

The state company highlighted that they maintain a commercial relationship with geogas by means of which the latter supplies LPGthrough a contract since 2019.

This contract guarantees minimum monthly deliveries of LPG a Refidomsabeing responsible geogas of the environmental permits required for the operations of its vessels.

From the year 2021, geogas notified a change in its logistics to supply Refidomsa from its storage tanks in San Pedro de Macorís.

Refidomsa has a market share of LPG in the country of approximately 36% so, in the current circumstances, a shortage that could harm the country is not possible, in view of the participation of other companies in the market and the existing supply infrastructure.

Regarding the conflict referred to in press publications, Refidomsa clarifies that there is a claim made to geogas from the year 2020 and through which it requests said company to fulfill its contractual obligation.

This conflict of an economic nature has generated several meetings without being able to reach an agreement.

However, it is pertinent to inform that, in the case of claims such as this, the contract establishes that the fulfillment of the obligations of the parties must be maintained, especially the obligation to supply LPG.

In relation to the fear of a hypothetical shortage, this did not happen, nor will it happen, because as the president of the Board of Directors of RefidomsaDoctor Leonardo Aguilera, the company operates with a high level of foresight and anticipates possible contingencies to guarantee the supply of all the derivatives it processes.

Refidomsa wants to emphasize in the sense that it maintains as a primary responsibility the planning and programming necessary to ensure the country the supply of hydrocarbons that it requires and that the efficiency of its operations guarantees, even despite the international circumstances that affect the economies of all the world.

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