Today, the head of El Salvador’s energy sector, @daalvarezc, signed a landmark Cooperation Agreement with the Ministry of @energiayminasrd of the Dominican Republic. This agreement aims to promote comprehensive studies to evaluate the hydrocarbon potential in El Salvador, marking a significant step toward enhancing energy security in the region.
Under the leadership of President @nayibbukele, this initiative is part of a broader vision to ensure the energy security of Salvadorans. The Cooperation Agreement will establish a solid foundation for formulating proposals regarding the management of environmental permits and authorizations essential for the hydrocarbon exploration process.
In addition to facilitating hydrocarbon studies, the agreement will enable both nations to systematize and exchange valuable experiences, information, and technology. This collaborative effort aims to enhance the understanding of subsoil natural resources, including hydrocarbons.
Moreover, leveraging its extensive experience, El Salvador is poised to support the Dominican Republic in developing its geothermal energy sector, creating new opportunities for sustainable energy development.
This Cooperation Agreement represents a significant opportunity for mutual support and collaboration between El Salvador and the Dominican Republic, paving the way for enhanced energy strategies and resource management in both countries.