Government Archives - Page 23 of 34

Government won’t abandon LNG

October 3, 2012 jrobinson

THE Government says that it is withdrawing from the fuel source selection process to focus on creating a legislative and regulatory energy framework this fiscal year.

However, Minister of Science, Technology, Energy and Mining Phillip Paulwell told the House of Representative yesterday that the Government has not abandoned plans to introduce Liquefied Natural Gas (LNG) into Jamaica by 2015.

Minister of Science, Technology, Energy and Mining Phillip Paulwell

He said that plans are well advanced for the introduction of LNG, but given the result of the bidding process, the Government has determined that it has taken the matter as far as it can go. He added that it was also the Government’s view that private electricity and alumina producers would have much more flexibility in procuring fuel supplies and use their international leverage to get the best possible prices.

However, “as a Government, we (will) continue to support and facilitate private investors as we work together to achieve the best possible solutions,” Paulwell said.

He stated that the LNG committee will be immediately disbanded and replaced with a body that includes members of the Jamaica Energy Council, the Office of Utilities and his ministry.

“With the termination of the work of the LNG steering committee, there will be no need to access the remaining US$2.6 million that was originally budgeted,” he explained in reference to the fact that the Government has already spent US$2.8 million of the US$5.4-million proposed budget for the LNG project.

Government won’t abandon LNG

October 3, 2012 Webmaster

THE Government says that it is withdrawing from the fuel source selection process to focus on creating a legislative and regulatory energy framework this fiscal year.

However, Minister of Science, Technology, Energy and Mining Phillip Paulwell told the House of Representative yesterday that the Government has not abandoned plans to introduce Liquefied Natural Gas (LNG) into Jamaica by 2015.

Minister of Science, Technology, Energy and Mining Phillip Paulwell

He said that plans are well advanced for the introduction of LNG, but given the result of the bidding process, the Government has determined that it has taken the matter as far as it can go. He added that it was also the Government’s view that private electricity and alumina producers would have much more flexibility in procuring fuel supplies and use their international leverage to get the best possible prices.

However, “as a Government, we (will) continue to support and facilitate private investors as we work together to achieve the best possible solutions,” Paulwell said.

He stated that the LNG committee will be immediately disbanded and replaced with a body that includes members of the Jamaica Energy Council, the Office of Utilities and his ministry.

“With the termination of the work of the LNG steering committee, there will be no need to access the remaining US$2.6 million that was originally budgeted,” he explained in reference to the fact that the Government has already spent US$2.8 million of the US$5.4-million proposed budget for the LNG project.

PAAC to probe gov’t’s handling of multi-billion dollar LNG project

October 2, 2012 Webmaster

The Government‘s handling of the multi-billion dollar Liquefied Natural Gas, LNG, project is to be probed by Parliament’s Public Administration and Appropriations Committee, PAAC.

This follows a recent newspaper report that the Government has

Government LNG News Oil

Clarity Needed On LNG – PSOJ

October 2, 2012 jrobinson

Zacca

WITH ENERGY Minister Phillip Paulwell scheduled to address the House of Representatives today, the Private Sector Organisation of Jamaica (PSOJ) says it wants him to provide clarity on the way forward for the implementation of liquefied natural gas (LNG).

“We are looking for transparency and we are looking for some certainty because we feel this issue has got to be addressed in a way that the wider society buys into it and in particular, my constituency, the business sector needs to get that confidence booster out of it,” Chris Zacca, head of the PSOJ, told participants in a Gleaner Editors’ Forum at the the newspaper’s central Kingston head offices yesterday.

There have been jitters in the society ever since

Government News Oil

State Cancels Oil Driller’s Licence

September 27, 2012 jrobinson

FOLLOWING THE revocation of an exploration licence, which was granted to Rainville Energy Corp, a subsidiary of Sagres Energy, to drill for oil, Energy Minister Phillip Paulwell has signalled that another company that was granted a licence could have it cancelled if they don’t begin drilling soon.

The Petroleum Corporation of Jamaica yesterday said the failure of Rainville to meet its financial obligations has resulted in the revocation.

Under the agreement, which dates back to 2006, Rainville should have secured the necessary funding for the second phase of the programme which began in May 2012.

Among other things, this phase involved the drilling of an exploratory well by November 2013.

Paulwell told

Alternative Energy Government JPS LNG News Oil

JPS To Stick With LNG Plant

September 26, 2012 Webmaster

Kelly Tomblin, president of Jamaica Public Service Company. – Ian Allen / Photographer

Power distributor Jamaica Public Service Company (JPS) remains committed to using liquefied natural gas (LNG) for its planned 360-megawatt power plant despite Government’s expected plan to scrap the supply of gas for the project, according to the utility’s boss.

The private sector can assume the role of supplying the gas, if allowed by Government, JPS Chief Executive Officer Kelly Tomblin said Tuesday.

The company will meet with Government this week to determine its next step.

“The private sector could secure LNG if Government permits it,” Tomblin told

Alternative Energy Government JPS LNG News Oil

JPS To Stick With LNG Plant

September 26, 2012 jrobinson

Kelly Tomblin, president of Jamaica Public Service Company. – Ian Allen / Photographer

Power distributor Jamaica Public Service Company (JPS) remains committed to using liquefied natural gas (LNG) for its planned 360-megawatt power plant despite Government’s expected plan to scrap the supply of gas for the project, according to the utility’s boss.

The private sector can assume the role of supplying the gas, if allowed by Government, JPS Chief Executive Officer Kelly Tomblin said Tuesday.

The company will meet with Government this week to determine its next step.

“The private sector could secure LNG if Government permits it,” Tomblin told

Government JPS LNG News Oil

Opposition concerned over gov’t plans to abandon LNG

September 25, 2012 jrobinson

Opposition Spokesman for Industry, Commerce and Energy, Gregory Mair says he’s seriously concerned with reports that the government has abandoned plans to introduce Liquefied Natural Gas.

In a statement today, Mr. Mair said Energy Minister, Phillip Paulwell needs to address the country forthwith on what he calls a disturbing development and state clearly the government

Government JPS LNG News Oil

Opposition concerned over gov’t plans to abandon LNG

September 25, 2012 Webmaster

Opposition Spokesman for Industry, Commerce and Energy, Gregory Mair says he’s seriously concerned with reports that the government has abandoned plans to introduce Liquefied Natural Gas.

In a statement today, Mr. Mair said Energy Minister, Phillip Paulwell needs to address the country forthwith on what he calls a disturbing development and state clearly the government

Government Jobs JPS LNG News Oil

Cancellation of LNG project could cause fallout in investment community

September 25, 2012 Webmaster

Gregory Mair

There’s a warning that Jamaica could suffer some fallout in the international investment community arising from the Government’s decision to change plans for the implementation of the multi-billion dollar liquefied natural gas, LNG project.

According to Opposition Spokesman on Energy, Gregory Mair, the country’s image will be tarnished in light of the fact that an international company had been selected for the project.

In July, Korean conglomerate Samsung Corporation was declared the preferred bidder for the development and operation of