[wp-trac] [WordPress Trac] #53584: Panama announces plans for $1 billion natural gas plant

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Sun Jul 4 13:20:07 UTC 2021


#53584: Panama announces plans for $1 billion natural gas plant
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 Reporter:               |      Owner:  (none)
  christinoswalt         |
     Type:  task         |     Status:  new
  (blessed)              |
 Priority:  normal       |  Milestone:  Awaiting Review
Component:  Post         |    Version:  4.9.1
  Thumbnails             |   Keywords:  panama city mortgage lender panama
 Severity:  trivial      |  city mortgage lender panama city mortgage
  Focuses:               |  lender
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 <br>By Elida Moreno<br> <br>PANAMA CITY, June 1 (Reuters) - Panama's
 President Laurentino Cortizo announced on Tuesday the construction of a $1
 billion plant for electricity generation using
 [http://www.automotivedigitalmarketing.com/main/search/search?q=natural%20gas
 natural gas] as the Central American country seeks to increase its share
 of cleaner energy.<br> <br>Called Gatun, the plant will be located at Isla
 Telfers near the port of Colon, on the opposite end of the Panama Canal
 from the nation's capital Panama City, and have the capacity to produce
 670 megawatts, Cortizo said.<br> <br>Government sources told Reuters that
 the plant would start operations in late 2023 or early 2024.<br>
 <br>Consortium Consorcio Group Energy Gas
 [https://www.panamacityflmortgage.com/panama-city-mortgage-rates/ panama
 city mortgage lender], made up of private companies InterEnergy Group and
 AES Panama as well as the government, will be responsible for the
 construction, development and operation of the plant, a statement
 said.<br> <br>Cortizo added that the government would not provide
 capital.<br> <br>Gatun will generate more than 3,000 direct and another
 thousands indirect jobs, according to a forecast by InterEnergy Group.

 (Reporting by Elida Moreno and Abraham Gonzalez; Writing by Daina Beth
 Solomon and Stefanie Eschenbacher; Editing by Christian Schmollinger)<br>
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