Skip navigation

Current DateTime: 04:15:22 21 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Fashion Show.

  • The Richest Members of the US Congress

      Recently, the Center for Responsive Politics found that there are 237 millionaires in the US Congress.

  • 10 Tips to Get Out of Debt

      Renowned financial author Gail Vaz-Oxlade takes a tough-love approach to helping couples in a financial crisis to face reality.

Dominica signs deal to export drinking water
By: The Associated Press | 14 Nov 2009 | 04:49 PM ET
Text Size

SAN JUAN, Puerto Rico - The lush but poor Caribbean island of Dominica will allow an export company to ship billions of gallons of its river water to parched countries around the globe, officials said Saturday.

Prime Minister Roosevelt Skerrit's Cabinet signed a deal Thursday with a Colorado company to collect drinking water from the volcanic island's interior and ship it to countries as far away as the Middle East, said Lucien Blackmoore, permanent secretary of the Ministry of Public Utilities, Energy and Ports.

The 10-year license allows Sisserou Water Inc. to collect 3 billion gallons (11 billion liters) of fresh water annually from the Clyde River, Blackmoore said.

He said studies found extracting the water will not harm islanders or damage the delicate ecological mix of Dominica, a tropical island of 71,000 people about 30 miles (45 kilometers) long and 16 miles (25 kilometers) wide. The country brands itself as the Caribbean's "Nature Island."

One of the company's four directors is former Cabinet minister Atherton Martin, who in 1998 won a Goldman Environmental Prize for protecting Dominica from being despoiled by a major copper mine. Martin did not answer telephone calls Saturday.

Sisserou, which has Dominican and American shareholders, is registered in Dominica but has its headquarters in Telluride, Colorado. In a telephone interview from Telluride, Sisserou president Tim Jilek said the company will invest $32 million to build a pipeline, terminal and storage tanks in Dominica's rugged north.

"This is an island that gets 300 inches (760 centimeters) of rain each year, and the water comes out totally clean," Jilek said, adding that the business will generate revenue and jobs for Dominica.

Jilek said the company has had early discussions with potential clients from other Caribbean nations, Florida's Miami-Dade County and the Middle Eastern countries of Yemen and Qatar.

A few people in Dominica are expressing concerns.

"I am not a scientist, but I'm a little skeptical because it sounds like a huge amount of water from the river, and because it has not been discussed with the public," said Bernard Wiltshire, former acting attorney general and founder of the island's Waitukubuli Ecological Foundation.

The deal with Sisserou is one of several ways in which island officials say they will tap into Dominica's natural resources to boost the economy.

Earlier this month, Skerrit said Dominica plans to export bottled water to Asia and sell electricity to its neighbors after a two-year study found the island has underground sources that produce more than 20 million gallons (75 million liters) of water a day.

He said the island's geothermal resources could support up to four power plants capable of producing 30 megawatts of energy each. Dominica could sell the power to the nearby French Caribbean islands of Guadeloupe and Martinique via submarine cables, possibly by 2013, Skerrit said.

____

On the Web:

Sisserou Water Inc: http://sisserouwater.com

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • Technology can make or break a fortune in the world of alternative energy.
  • Many people are facing the holidays with substantially smaller incomes. Here’s how some are adapting.
  • Jim Cramer
  • Jim Cramer is a proponent of stocks that pay healthy dividends, and here are his top five dividend plays.
  • From salt, to lip balm to envelopes, it turns out that bacon flavoring can sell almost anything.
  • real estate signs
  • The homebuyer's tax credit jacked sales for a while, but 2010 is looking weak. Now what?
  • CNBC’s technology reporter Jim Goldman guides you through the best gadgets to buy this holiday season.
ADD COMMENTS
Remaining characters


Current DateTime: 06:39:37 21 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:01:49 21 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:04:04 21 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:04:04 21 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters