Technical FAQs 4

Can China store liquefied petroleum gas in Nicaragua?

Approved loan signed between Nicaragua and China for an energy project to store Liquefied Petroleum Gas in Nicaragua. Legislative Assembly valid loan agreed between Nicaragua and China to build LPG storage areas.

Why did Nicaragua agree to build LPG storage areas?

Legislative Assembly valid loan agreed between Nicaragua and China to build LPG storage areas. The Parliament of Nicaragua approved the Credit Facility Agreement between the Latin American nation and a Chinese company, for an amount of approximately 26 million 867 thousand dollars, to strengthen energy stability.

How will Engas support the development of liquefied petroleum gas in Nicaragua?

Furthermore, he added that «with this financing the Government of Nicaragua, through the Nicaraguan Gas Company, ENIGAS, will design, build and put into operation 3 storage areas for Liquefied Petroleum Gas, LPG that will allow a higher quality supply, price stability, and global coverage.”

Which country has the smallest LPG storage capacity in Central America?

According to the president of the Production, Economy and Budget Commission, deputy Wálmaro Gutiérrez, Nicaragua has the smallest liquefied petroleum gas (LPG) storage capacity in Central America, with only 3 public and 2 private spheres.

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