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March decisions loom over plans to introduce natural gas within Central America

Friday, March 9, 2012

Cutuco Energy's dream of bringing natural gas to Central America by building an LNG regasification facility and combined-cycle power plant could begin to become reality later in March.

Cutuco -- based in La Union, El Salvador, and with offices in Houston -- is bidding for two electricity-generation tenders, one in Guatemala, the other El Salvador.

If at least the El Salvador result favors Cutuco, a green light will be instantly switched on for construction of the two projects. Delivery of the power will be required within four years.

Source: Platts