Export Opportunities for Natural Gas in Honduras Detailed Event Information For Export Opportunities for Natural Gas in Honduras
Export Opportunities for Natural Gas in Honduras -- Oil/Gas Field Machinery, Oil/Gas/Mineral Prod/Explor Serv.
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Location/Date: Tegucigalpa, Honduras 08/29/2018 - 08/29/2018
Event Summary:
The U.S. Commercial Service invites you to participate on an upcoming webinar featuring presentations by Honduran Minister of Energy Roberto Ordóñez and General Manager of Honduras' national energy utility Jesús Mejía.

Date: August 29, 2018

Time: 12:00 pm EST/11:00 am CST

Cost: $25

Webinar Agenda

10:00am: Welcome Remarks

Danielle Caltabiano, Commercial Service Global Energy Team Leader

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10:05am: Introduction to Honduras

Heide B. Fulton, Chargé d'Affaires, U.S. Embassy Honduras

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10:10am: Overview of Honduran Energy and Future Energy Reforms

His Excellency Roberto Ordóñez, Honduran Minister of Energy

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10:25am: Integration of Natural Gas into the Honduran Energy Matrix

Jesús Mejía, General Manager of ENEE

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10:45am: Questions and Comments from U.S. Companies

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11:00am: Conclusion

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Snapshot of Honduras Energy Sector: Honduras is located in the heart of Central America, a territory with a combined population of 40.2 million and a top U.S. export market region.

Because of its geographic location, Honduras is very rich in natural resources and for the past decade its energy policy has been very receptive to the expansion of power production using renewable energy technologies – which currently supplies almost 60 percent of the country's electricity generation, with thermal plants supplying the remaining 40 percent. With a total installed capacity of 2,478.4 MW, Honduras is presently focused on diversifying its matrix to reduce the volatility of energy prices, decrease generation costs, and improve energy security by also ensuring an adequate supply of firm capacity. Honduras is also committed to conducting upgrades to its energy transmission infrastructure, aimed at expanding the country's ability to participate in Central America's Electric Interconnection System (SIEPAC), the region's interconnection of power grids and electric market.

As Honduras looks to introduce natural gas into its energy generation matrix, the market provides U.S. companies with exciting opportunities. The Honduran state power company, Empresa Nacional de Energía Eléctrica (ENEE), is responsible for the production, transmission, distribution and commercialization of electrical energy. ENEE has suffered from years of financial losses and distribution inefficiencies pose challenges to the business climate. A 2014 Energy Reform Law codifying the transition to a more liberalized energy sector is still being implemented, but the private sector, international donor community, and Honduran government are rallying around reforms to increase system reliability and reduce costs.

Upcoming Export Opportunities: The Government of Honduras has recently signaled its intent to integrate natural gas into its energy matrix with the launch of a 240MW public tender open to HFO and natural gas solutions with a second tender for an additional 240MW anticipated to be released in 2019/2020.

As a means to encourage more U.S. firms to compete, the tender deadline has been extended until October 22. For those U.S. companies that may be interested in learning more about this opportunity, the U.S. Commercial Service will be organizing a webinar on Wednesday, August 29 where both the Honduran Minister of Energy and the General Manager of the ENEE will be delivering a presentation on these opportunities within the Honduran energy market. Participating U.S. companies will have the opportunity to directly present questions and comments to these senior energy officials.


Contacts:
Rossana Lobo, Tegucigalpa
Senior Commercial Specialist
Phone: (504) 2236-9320, Ext. 4842
Rossana.Lobo@trade.gov
Danielle Caltabiano, Houston
Senior International Trade Specialist
Phone: 281-228-5655
Danielle.Caltabiano@trade.gov
Mike Calvert, Tegucigalpa
Senior Commercial Officer
Phone: +504 2236-9320
Mike.Calvert@trade.gov

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