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.............................. ITERA International Energy Corporation
Logo and Trademark..............................
Itera USA is an American company, which also provides representation for Itera Group projects in North America. Itera USA provides innovative solutions in energy, bioenergy, timber and real estate with high standards for quality and social responsibility. Itera USA, directly or indirectly, employs hundreds of people in projects in Florida, Illinois, Louisiana, Pennsylvania, Texas and other states, with its corporate headquarters in Jacksonville, Florida. Itera USA is at work on a project that would use new, patented technology to produce bioethanol and other specialty chemicals to reduce American dependence on crude oil and foreign produced petroleum products.
Itera was founded in 1992 in the wake of the collapse of the Soviet Union as a basic commodities trading company. In 1994, after a sale of sugar to the country of Turkmenistan, Itera obtained rights to sell Turkmeni natural gas as payment for its sugar transaction. Itera began sales to the Ukraine of the Turkmeni gas in 1995. In the next few years, Itera Group succeeded in expanding its natural gas trading activities to other republics of the Former Soviet Union including Armenia, Georgia, Azerbaijan, Belorussia and the Baltic States. In 1996, Itera became a gas producer by purchasing a number of large gas fields in North Russia, and within a few years became one of the world’s largest private natural gas producers and traders. The chairman of Itera Group is Igor Makarov.
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