Technical FAQs 4

Where does Belize Natural Energy ship oil?

Belize Natural Energy has shipped oil to customers in Costa Rica, Panama, and the US Gulf Coast. In 2007, BNE started the implementation of a gas processing plant with the objective of reducing flaring by processing associated gas into usable products that benefit the company and the people of Belize.

What are the main sources of energy in Belize?

Energy in Belize is based on four main sources: imported fossil fuels, biomass, hydro, and imported electricity. Belize currently imports 100% of its fossil fuel use (Launchpad Consulting, 2003).

Is Belize a good place to invest in energy?

Belize's energy sector is looking to expand in biomass and small-scale solar, as well as create new opportunities in electric vehicles, large-scale solar, liquefied natural gas (LNG), and waste-to-energy. However, Belize remains a net-importer of electricity from Mexico, which makes energy imports expensive and unpredictable.

How did Belize's Sugar exports perform compared to other countries?

Belize’s shipments of sugar including confectionery made from sugar posted the remaining gain in value, up by 2.4%. The leading decliner among Belize’s top 10 export categories was vegetables, pulled down by a -37.1% year-over-year drop.

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Energy storage products exported from Belize

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