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DBJ Has Provided Over $3 Billion for Energy Projects

The Development Bank of Jamaica (DBJ) has provided loans totalling more than $3 billion to fund a wide range of energy projects since 2008. The funds have been allocated from the DBJ’s resources as well as provisions from the PetroCaribe Fund, World Bank and Inter-American Development Bank. Managing Director, Milverton…

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Hospitals to Benefit from US$5.35-Million Energy-Saving Project

The Kingston Public, Victoria Jubilee, Mandeville and Falmouth hospitals are to benefit from a project aimed at improving the energy efficiency of the institutions. This follows Cabinet’s approval of the award of a US$5.35-million contract to Power Services Company Ltd to design, supply, install, commission and maintain energy-efficient and renewable-energy…

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JISCO/Alpart Giving Back to Communities

The Jiuquan Iron and Steel Company (JISCO)/Alpart bauxite company, located in Nain, St. Elizabeth, is giving back to the various communities in which it operates. Public Relations Officer, Julian Keane, tells JIS News that the company supports more than 70 districts in St. Elizabeth and Manchester through education, sports, healthcare,…

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Jamaica on Track to Achieve 30 Per Cent Energy from Renewables

Prime Minister, the Most Hon. Andrew Holness, says Jamaica is on track to achieve 30 per cent of its electricity from renewables within two years. This will surpass the target in the National Energy Policy for renewables to account for no less than 20 per cent of the country’s energy…

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Cabinet Approves Contracts for Supply of Petrol and Medical Gases

Three contracts valued more than $269 million have been approved by Cabinet for the supply and delivery of petrol and medical gases, and for the rehabilitation of the Gayle multipurpose centre in St. Mary. This was disclosed by Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, during…

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Registration for PCJ Energy Competition Closes Sept. 30

September 30 is the deadline for registration for the Petroleum Corporation of Jamaica (PCJ) 2018 Energy Champion Competition. Project Manager for the Energy Efficiency and Conservation Programme at the PCJ, Jody Grizzle, told JIS News that this second staging of the competition has seen over 100 per cent increase in…

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Petrojam Awards Scholarships to GSAT High Achievers

Four students, two each from Greenwich All-Age and St. Andrew Primary Schools in South West St. Andrew, will be at ease when they begin their high school journey in September, as their school related expenses will be taken care of by Petrojam. The oil refinery company have awarded them scholarships…

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Atomic Energy Agency has Advanced Jamaica’s Nuclear Technology Capacity – PIOJ Head

The Planning Institute of Jamaica’s (PIOJ) Director General, Dr. Wayne Henry, says the International Atomic Energy Agency (IAEA) has been pivotal in advancing the country’s nuclear technology capacity. He noted that the medical physics department at The University of the West Indies (UWI), which trains nuclear physicists across the region, was expanded under…

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Prime Minister Holness Continues Review of Boards

Prime Minister Andrew Holness today continued his review of boards from the Ministry of Science and Technology as well as the Ministry of Energy. Prime Minister Holness had previously stated that he maintains oversight of the Science and Technology Ministry for at least two weeks while he reviews the boards,…

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Jamaica and Atomic Energy Agency Sign New Country Programme

Jamaica will benefit from increased technical support from the International Atomic Energy Agency (IAEA) in the utilisation of nuclear technology for development purposes. This is being facilitated under a new five-year Country Programme Framework (CPF) for the period 2018 to 2023, which will focus on engagements in water and environment…

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Increase in Gas Prices Driven by External Forces

The state-owned oil refinery Petrojam is seeking to reassure Jamaicans that the increase in fuel prices is unrelated to matters in Jamaica. Petrojam says, the local prices are based on the price for which the commodity is purchased on the international market. The prices are adjusted weekly. The management of…

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Prime Minister Summons Energy Ministry Boards

Prime Minister Andrew Holness has summoned all boards associated with the Energy portfolio to an important meeting at the Office of The Prime Minister next week. The boards are being called in, to be given direct policy instructions by the Prime Minister who is the Minister currently in charge of…

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Strategic Review of Petrojam to be Completed By November – PM

Prime Minister, the Most Hon. Andrew Holness, says that members of the commission that will spearhead the strategic review of operations at Petrojam will have three to four months to complete the exercise and submit their findings. The members are expected to be named by next week. Mr. Holness first…

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Team to Assist Gov’t and Board in Review of Petrojam

President and Chief Executive Officer (CEO) of Sagicor, Christopher Zacca, is to chair a team to assist the Government and the Board of Petrojam to determine the strategic direction of the company. Prime Minister, the Most Hon. Andrew Holness, made the disclosure when he addressed the House of Representatives on…

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Statement to Parliament on Petrojam By the Most Honourable Andrew Holness

Mr. Speaker, this Honourable House will recall that I made a preliminary statement on Petrojam on 26 June, 2018 giving Parliament an account of Cabinet’s actions on Petrojam, including an update on the administrative report we had received from the Permanent Secretary. A Press Release was issued on July 2,…

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Chinese Firm Recommended for Upgrade of VDU at Petrojam

Minister of Science, Energy and Technology, Dr. the Hon. Andrew Wheatley, says Chinese firm, Sinohydro, has been recommended as the contractor to undertake the first phase of the refinery upgrade project, which is the improvement of the Vacuum Distillation Unit (VDU) at Petrojam. Addressing the House of Representatives on July…

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PM to Announce Policy Actions Relating to Petrojam

Prime Minister, the Most Hon. Andrew Holness, says an announcement will be made in short order on the specific policy actions that will be taken by Cabinet regarding weaknesses in the governance and management at the State-run oil refinery, Petrojam, once all the relevant information has been gathered. Mr. Holness…

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