The Nicaraguan Energy Institute (INE) determined to restart the analysis of contracts for energy purchase and sale, signed by companies and Blue Natural Gas Power & Energy,

In Resolution No. 0662-09-2010, issued by the Directorate General of Electricity, INE leads to petition for review filed by Gas Natural, after the regulator rejected a part of these contracts, citing lack of technical-economic analysis .

The INE specified in resolution to be performed adequate oversight of the distribution and billing of energy, which will serve both companies and that the energy served by Gas Natural should be seen as a public service which must be properly secured and controlled by the State.

David Castillo, President of the Board of INE, confirmed yesterday that both Gas Natural and Blue Power completed the missing information, relating to the project's economic reports and technical aspects.

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The Government of Nicaragua was established within four years to have built a hydroelectric dam large quantities in the San Juan River, which could cause environmental damage in Costa Rica.

The project, called "Brown" would become in 2015 the largest source of electricity generation in the neighboring country, with capacity of about 250 megawatts and cost approximately $ 600 million, according to press reports and official sites of the Nicaraguan Government .

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The import of fuel used for the present generation is not controlled and are governed by contracts between companies.

By Robert Morales A.     This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Representatives of the defense of consumers considered that the proposal presented last Wednesday by the Nicaraguan Energy Institute (INE) to the Committee on Infrastructure and Public Utilities, to leave established by law that private or state generating companies to buy fuel only bunker national distributors, or Alba de Nicaragua SA (Albanisa) which is the sole importer, has to be analyzed carefully.

The measure would apply to create a new article in the Oil Supply Act (Act 277) which is currently undergoing reforms.

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