Ecuador and Dominican Republic
Press Release

Refidomsa signs an energy cooperation agreement with Petroecuador

Bnamericas
Refidomsa signs an energy cooperation agreement with Petroecuador

This Refidomsa release was published using machine translation.

Santo Domingo.- The Dominican Oil Refinery (Refidomsa) signed an agreement with the Ecuadorian state corporation Petroecuador, in order to strengthen cooperation relations between both companies and jointly develop energy projects.

The agreement was signed by the general manager of Refidomsa, Yamily López, and on behalf of Petroecuador, the ambassador of the Republic of Ecuador, Santiago Martínez Espínola, signed it in a brief ceremony led by Dr. Leonardo Aguilera, president of the Board of Directors of the Dominican State refinery.

Aguilera and the Ecuadorian representative highlighted the rapprochement in energy matters that the two countries have been developing.

The main executive of Refidomsa highlighted the commitment made by President Luis Abinader since he took office to expand international cooperation to guarantee the energy resources demanded by the Dominican Republic.

Through the initiative, both companies will seek to strengthen cooperative relations and expand the possibility of developing joint research projects aimed at the exploration and exploitation of oil and gas.

Refidomsa and Petroecuador agreed to exchange experts, as well as equipment, use of scientific infrastructure, and provision of services.

Within the framework of this memorandum of understanding, the technical training of personnel is relevant for the different phases of the hydrocarbons industry, through the organization of seminars, conferences, workshops and other events in which specialists from both countries participate, as well as as academics and professional experts in this field.

They agreed to join efforts for the execution of joint projects of exploration, extraction, production, transportation, refining, storage, processing, distribution, marketing, and other vital phases in the hydrocarbon industry and other energy sources.

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