Petrojam says it is too early to say when the Jamaica Defence Force (JDF) will become involved in its security operations.
The Minister of Energy yesterday told the parliament he is concerned about security at the state-run oil refinery and has spoken to Petrojam
Energy Phillip Paulwell says he’s confident of
KINGSTON, Jamaica – Opposition Spokesman for Industry, Commerce and Energy, Gregory Mair, is blasting Government’s handling of the energy sector.
In a release to the media Mair said inaction on 10 consecutive weeks of increasing gas prices, high electricity rates and Petrojam
There’s more worrying sign that Jamaicans will be seeing higher prices at the pumps.
Oil prices rose for a second straight session yesterday, closing at the highest level in 11 weeks, as U.S stock markets rallied to a three-month high and traders eyed ongoing turmoil in the Middle East.
The gains extended Friday’s strong rally after U.S. jobs data calmed concerns about a slowing economy and on hopes that Europe can address its debt crisis.
In London, Brent September crude rose 61 cents to settle at 109 dollars 55 cents, the highest close since May 16.
U.S. September crude also closed higher for a second straight session, gaining 80 cents at 92 dollars 20 cents, the highest since July 11.
The prices of
Jerome Reynolds, Gleaner Writer
The State-owned oil refinery, Petrojam, is this week expected to furnish a full report to the Energy Minister, Phillip Paulwell, as the government probes the recent release of hazardous fumes in the Portmore area.
Paulwell instructed Petrojam to provide him with a report after the environment minister reported that the fumes may have been the result of illegal activity at the refinery.
It has been reported that the refinery could not account for 260 barrels of petroleum product.
Petrojam has indicated that it has launched an internal investigation into the matter and has also called in the police.
The company says the preliminary findings have already been shared with the Energy Minister.
The release of the noxious fumes last month resulted in 17 employees at the Portmore Toll Plaza becoming sick and caused the closure of the roadway.
jerome.reynolds@gleanerjm.com
Local gasoline retailers are reporting a turnaround in sales in line with the continued decline in the price of
Gasolene prices will go up by $1.10 this week.
Effective tomorrow, it will cost $105.94 to buy a litre of E-10 87 gasolene while E-10 90 gasolene will be sold for $107.59 per litre.
In the meantime, the prices of other products have been cut.
The price of automotive diesel oil will move down by $0.73 to sell for $105.76 per litre.
A litre of kerosene oil has been cut by $0.65 and will be sold for $108.69.
A litre of butane has been reduced by $0.41 and will sell for $60.14.
However, the price of propane cooking gas has gone up by $0.44 with a litre to be sold for $44.17.
Retailers will add their mark-ups to the announced prices.
http://jamaica-gleaner.com/latest/article.php?id=36223
