ORBIS Compliance

Omega Green Complex to Create Employment and Promote Renewable Energy

Published /Paraguay

Overview

The “Omega Green” Complex will be a source of employment for 5,400 people, with 3,000 directly employed during the construction phase and another 2,400 indirectly during steady-state operation. It will also benefit 10,000 agricultural families who will produce raw materials for the plant.

Production Capacity

The plant is expected to produce around 20,000 barrels of diesel and renewable kerosene per day. Most of this production will be exported to the countries of the former Paris Agreement, which are interested in decreasing their greenhouse gas emissions, primarily from the use of fossil fuels.

Renewable Energy Commitment

The plant will operate exclusively using renewable energy sources.

Project Timeline

Construction is planned to commence in the first half of 2020, with the objective of having the facility fully operational by 2022.

Economic Impact

According to projections, the project will attract international investment, which is expected to raise Paraguay’s GDP (Gross Domestic Product or PIB in Spanish) to approximately $8 billion in the next decade.

Paraguay Quick Facts

Regulatory AgencyCONATEL (Comisión Nacional de Telecomunicaciones)
Certification TypeMandatory
License Validity5 Years
Application LanguageSpanish
Legal License HolderRequired
In-country Testing RequirementNo testing required

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