Oil And Gas Company
PGH) is a Haitian firm integrated in March of 2007 and is accepted and licensed to operate in Haiti as an oil and chemical company. As such, PGH operates within the vitality trade and distributes a variety of petroleum products, and lubricants and presently serves because the unique agent distributor in Haiti, Dominican Republic and the State of Florida, USA for Trinidad & Tobago Nationwide Petroleum Advertising and marketing Co. LTD. (NPMC) vary of merchandise.
PGH is engaged within the exploration of oil and natural gas; and can exploit and crude oil definition dictionary extract oil and natural gas in Haiti in conjunction with the government of Haiti. On this enterprise, PGH additionally associates with and entered right into a Joint Venture Agreement (JVA) with Caribbean Effectively Service Firm Restricted (CWS), an organization registered and operated in Trinidad & Tobago to operate the oil and natural gas initiatives in Haiti together with different initiatives in accordance with their mutual partnership settlement. And primarily based on the info obtained, the possibility of existence of oil and natural gas in Haiti may be very promising.
Infrastructure is essential to maintain an appropriately protected methodology to transport the related petroleum merchandise and, subsequently, PGH elevated its efforts by getting into into a Joint Enterprise (JV) with severalinternational firms to properly perform its operations.
PGH has partnered with Geominex Sources Restricted, an organization registered and working in Trinidad and Tobago, which focuses on geological, mining and exploitation of vitality and minerals (metallic and non-metallic) resources, to develop a mammoth quarry for the production of aggregates and different construction, concrete and roadstone related materials to meet the expected demand for the supplies during the construction part of the port. These are the chief initiatives that govern the current operation of PGH and guide it towards a shiny and illustrious future. Geominex Assets will even be helping PGH in its growth of Crude oil as soon as refined to make “white” merchandise resembling liquefied petroleum gas (cooking gas), gasoline, kerosene, and diesel and residual gas oil.
Immediately, Haiti is the “new child on the block” with exciting opportunities in the petroleum industry. The Haitian crude oil definition dictionary authorities granted Six (6) Oil & Natural Gas Exploration Permits to Petrogaz-Haiti for a complete of three,000 sq. kilometers comprising 6 blocks of 500 Sq. Kilometers per block. The granting of these permits conferred upon Petrogaz an exclusive exploration rights each onshore and offshore within the selected areas.