A tiered pricing mechanism is being implemented, which will see petroleum prices being more closely aligned to global price movements. Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, made the disclosure during a post-Cabinet press briefing, held at Jamaica House on Wednesday (April 15). Mr. Vaz explained that while the current mechanism has been effective in cushioning consumers, it...

The findings of the Sustainable Aviation Fuel (SAF) Feasibility Study will be presented to stakeholders on Tuesday (April 14), marking a significant milestone in the country’s efforts to support aviation decarbonisation and strengthen energy security. The study, funded by the United Kingdom (UK) Department for Transport and delivered under a programme of the International Civil Aviation Organization (ICAO), was conducted...

The results of a geo chemical survey conducted by United Oil and Gas are expected within two to three months, says Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz. He said that the survey was successfully completed on Feb 28, and the research vessel returned to Kingston Harbour. Addressing Wednesday's (March 4) post Cabinet press briefing at Jamaica House,...

A draft Heads of Terms for an all-island electricity licence, scheduled to take effect in 2027, has been approved by Cabinet. Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, made the disclosure during Wednesday’s (March 4) post-Cabinet press briefing at Jamaica House. He explained that the document outlines the principal features of the proposed licensing framework. “In November 2025,...

The Energy Management and Efficiency Programme has been allocated $942 million in the 2026/27 Estimates of Expenditure. Being implemented by the Ministry of Energy, Transport and Telecommunications, the initiative is aimed at promoting fuel conservation by contributing to the avoidance of fuel imports. The funds allocated for the new fiscal year will go towards completion of the retrofitting of air-conditioning...

Just over 2,700 households are being reached under phase one of the National Energy Poverty Reduction programme, says Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz. Under the programme, the Government has allocated $1 billion to mobilise support for post- Hurricane Melissa electrification. Addressing a recent post-Cabinet press briefing at Jamaica House, Minister Vaz said that works being undertaken...

The Government continues to monitor developments regarding the availability of aviation fuel in Cuba, anticipated flight disruptions to the neighbouring island, and the potential impact on Jamaicans residing there. Travel to and from Cuba is expected to be disrupted in the coming weeks, as ongoing fuel shortages have prompted international carriers to consider suspending flights to the island. Minister of...