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Tropical Storm Leslie Disrupts Power, Trigger Flooding In Bermuda

September 10, 2012

Tropical Storm Leslie has hit Bermuda with high winds and heavy rains, causing power outages and flooding in parts of the island.

However, there were no immediate reports of major damage or personal injuries.
The Bermuda Electric Light Company reported five major power outages, knocking out power to 650 customers, before Leslie, packing sustained winds of 60 miles per hour, passed the island just before noon around 145 miles to the east.

Bus and ferry services as well as flights were cancelled, with the exception of a British Airways flight from London, which was scheduled to land in the afternoon.

http://jamaica-gleaner.com/latest/article.php?id=39792

Government LNG News

Samsung Team To Visit Jamaica For LNG Talks

September 10, 2012

A team from South Korean company Samsung is to visit the island this week to hold talks with the government on its LNG project.

Samsung has emerged as the preferred bidder for the development and operation of the LNG floating storage and re-gasification terminal.

It is understood that Samsung has written to the Energy Minister Phillip Paulwell asking for a meeting with him and all the parties involved.

Paulwell has admitted that after three months, a formal deal is yet to be struck with Samsung.

He stressed that the negotiation is a process and the government is proceeding with caution.

The government had projected to introduce LNG by 2014 but there are doubts that this timeline may be achieved because the administration is yet to secure a supplier of the LNG.

There are also fears that the current cost of the fuel may prohibit the government from realising its aim of reducing the cost of electricity by 30 per cent.

Paulwell said he is awaiting the final report from the LNG steering committee, which is due this month.

He added that after reviewing the report, the government will indicate its position going forward.

editorial@gleanerjm.com

http://jamaica-gleaner.com/latest/article.php?id=39798

Government LNG News

Samsung Team To Visit Jamaica For LNG Talks

September 10, 2012

A team from South Korean company Samsung is to visit the island this week to hold talks with the government on its LNG project.

Samsung has emerged as the preferred bidder for the development and operation of the LNG floating storage and re-gasification terminal.

It is understood that Samsung has written to the Energy Minister Phillip Paulwell asking for a meeting with him and all the parties involved.

Paulwell has admitted that after three months, a formal deal is yet to be struck with Samsung.

He stressed that the negotiation is a process and the government is proceeding with caution.

The government had projected to introduce LNG by 2014 but there are doubts that this timeline may be achieved because the administration is yet to secure a supplier of the LNG.

There are also fears that the current cost of the fuel may prohibit the government from realising its aim of reducing the cost of electricity by 30 per cent.

Paulwell said he is awaiting the final report from the LNG steering committee, which is due this month.

He added that after reviewing the report, the government will indicate its position going forward.

editorial@gleanerjm.com

http://jamaica-gleaner.com/latest/article.php?id=39798

Government News

Paulwell to meet with Union representing JPS workers

September 7, 2012

Energy Minister Paulwell Paulwell has reportedly agreed to meet next week with the main trade union representing workers at the Jamaica Public Service Company, JPS.

It’s scheduled to take place on Wednesday.

The National Workers’ Union, NWU, wants answers on how plans by the Government to transform the energy sector will affect JPS and its employees

http://rjrnewsonline.com/business/paulwell-meet-union-representing-jps-workers

News Oil

Licensing System For Gas Stations Under Review

September 6, 2012

The Ministry of Science Technology, Energy and Mining (MSTEM) is mulling a change in how gas stations are licensed.

Out of a meeting between sector interests and Minister Phillip Paulwell on Monday, MSTEM said in a statement that the current licensing system may be contributing to the low margins that service station operators are now experiencing.

“On the issue concerning the inadequate profit margins being realised by the retailers, it was agreed that the number of service stations and their proximity to each other is contributing to the low margins,” the ministry said.

“Currently, the service stations are licensed by the Resident Magistrate courts and not by the ministry. The minister updated the meeting of the progress towards a one-stop-shop for licensing and registration of sector participants will help to resolve this problem.”

Monday’s meeting – which included representatives from the Jamaica Gasolene Retailers Association, and the National Workers Union, which represents tanker drivers and petroleum haulage contractors – centred on discussions about averting a shutdown of the petroleum sector.

MSTEM said going forward, the bi-monthly Petroleum Advisory Council would resume, starting in October.

business@gleanerjm.com

http://jamaica-gleaner.com/gleaner/20120906/business/business1.html

Alternative Energy Government News

Govt Urges Investment in Wind Energy

September 5, 2012

 

Wigton Wind Farm in Manchester 

 

 

 

 

 

 

The Wigton Windfarm in Manchester – FILE

As Government continues to encourage investment in renewable sources of energy, private interests are being urged to consider wind energy as a lucrative area for investment.

“We are trying to encourage private players, not just Government, to actually go into this as a business, because we believe that it is attractive enough for a company to make a return on their investment,

Government News Oil

Gov

September 5, 2012

A Texaco gas station - file photo.
A Texaco gas station – file photo.

Debbie-Ann Wright, News Editor
The Gleaner/Power106 News Centre

The Energy Ministry is looking to overhaul the licensing and registration process for gas stations as it seeks to address competitiveness in the sector.

In recent weeks, gasoline retailers have been complaining of dwindling profits with some gas stations even being forced to close.

In a release yesterday, the energy ministry stated that the number of service stations and their proximity to each other was contributing to the low margins.

It said currently the service stations are licensed by the Resident Magistrate Courts and not by the Ministry.

Energy minister Paulwell said a one-stop-shop for licensing and registration of sector participants being worked on by the government will help to resolve this problem.

President of the Jamaica gasoline Retailers

Alternative Energy Government JPS News

Jamaica Ripe For Investment in Renewable Energy

September 5, 2012

 

 

 

 

 

 

 

 

Minister of State in the Ministry of Science, Technology, Energy and Mining (STEM), Hon. Julian Robinson

Minister of State in the Ministry of Science, Technology, Energy and Mining (STEM), Hon. Julian Robinson, says Jamaica is ripe for investment in renewable energy.

In an interview with JIS News, the State Minister said following a recent assessment of the rates paid to persons who generate energy which is then sold to the grid, a recommendation is now on the table that will make it more attractive for investors to invest locally.

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