More regulations in the making for petroleum industry

More regulations are coming for the operations of  the local petroleum industry in order to ensure increased compliance.

Energy Minister, Dr. Andrew Wheatley, says the regulations are being drafted.

This is in keeping with recommendations made by the Petroleum Trade Reform Committee which investigated reports of  contaminated fuel in the local trade in December 2015. 

Wheatley who says there will be several changes, made the disclosure yesterday while speaking at the second staging of  the Jamaica Gasolene Retailers' Association's trade show in New Kingston. 

He indicated that the Government is seeking to strengthen the current licensing mechanisms and penalties under the Petroleum Act and Regulations to ensure the enforcement of  safety standards for the sector.

Meanwhile,the Energy Minister says the Jamaica Public Service Company (JPS) is in the execution phase of  its 190-megawatt liquefied natural gas facility in Old Harbour Bay, St. Catherine.  

The project is being undertaken through the company's subsidiary, South Jamaica Power Company.

The US$331 million   facility is scheduled to be commissioned by June 2019. 

The new energy plant will allow the JPS to retire its ageing Old Harbour Bay facility. 

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