|
Chinese
Company
in
Nicaragua
Oil
Investment
Chinese
Camc
Enterprises
will
built
a
hydrocarbons
base
in
Nicaragua,
with
storing
capacity
for
1.8
million
barrels
of
oil,
by
means
of a
contract
to
be
signed
Friday.
Francisco
Lopez,
vicepresident
of
Nicaraguan
ALBA
Nicaragua
S.A.
(Albanisa)
and
Shen
Wei,
general
vice
manager
of
Camc
Enterprises,
announced
that
the
project
is
valued
in
183
million
dollars,
and
will
take
20
months
of
construction,
in a
press
release
here
Friday.
Lopez
said
the
Chinese
company
won
the
tender
for
the
execution
of
the
project,
which
is
just
part
of a
mega-investment
in
the
Nicaraguan
north-western
department
of
Leon:
a
big
refinery
conceived
for
the
economic
links
between
the
member
countries
of
the
Bolivarian
Alliance
for
the
Peoples
of
Our
America
(Alba).
Located
in
Miramar,
close
to
Puerto
Sandino,
the
base
will
permit
to
double
the
national
reception
capacity,
as
much
as
more
storing
and
distribution
for
the
Nicaraguan
and
other
Central
American
countries.
Shen
Wei,
the
Chinese
executive,
talked
to
Prensa
Latina,
and
he
said
the
base
would
comprise
15
tanks
for
fuel
oil,
diesel,
jet-al
(aviation
fuel),
gasoline
and
liquid
gas.
Quick
distribution
of
fuel
oil
and
a
system
against
fires
will
also
be
part
of
the
base
to
be
constructed,
together
with
mechanisms
to
take
advantage
of
sea
water
in
case
of
fires,
emergency
plants
and
plants
for
treatment
to
water.
Engineer
Deibris
Aguilera
(Venezuela),
working
in
the
Project,
said
the
preparation
for
the
land
to
be
used
for
the
construction
of
the
base
-103.78
acres-
might
be
finished
on
May
15,
after
finishing
all
geological
studies,
quality
control
operations,
study
of
the
topographic
features
and
others,
to
reduce
costs
and
environmental
impacts.
It
is
expected
that
the
base
will
give
direct
social
benefit,
contributing
to
the
increase
of
jobs.
Seventy
to
eighty
percent
of
the
people
hired
by
Albanisa
are
living
in
Miramar
or
Puerto
Sandino
right
now.
The
execution
is
estimated
in
50
million
dollars
and
will
ensure
the
arrival
of
ships
carrying
from
10,000
to
74,000
tons.
It
might
process
150,000
daily
barrels,
and
it
is
calculated
that
the
construction
of
the
refinery
might
require
a
total
of 6
billion
dollars,
50
percent
for
petrochemical
activity.
Finally,
Lopez
said
it
will
improve
the
roads,
thanks
to
the
finishing
of
two
sections
of
highways,
with
costs
of 5
and
14.5
million
dollars. |
