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Cabinet, last week, approved contracts amounting to over $100 million, which were awarded to several entities to provide services to the state-run oil refinery, Petrojam Limited.
Speaking at last week’s post-Cabinet media briefing at Jamaica House, Transport and Works Minister, Michael Henry, informed that the contracts have been awarded to: A.E Parnell and Company Limited; Solares Florida Corporation; Flowserve; and Fraser, Fontaine, and Kong.
Mr. Henry, who is also Chairman of Cabinet’s Infrastructure Committee, told journalists that the contract to A.E. Parnell and Company, which is in the sum of $70.7 million, is for the provision of ships handling and launch services to Petrojam for a period of two years, effective July 1 this year, to June 30, 2010.
A contract, in the sum of US$473,908.80, has been awarded to Solares Florida Corporation to supply a power and meter system to the refinery. Meanwhile, the services of Flowserve have been contracted at a cost of US$244,200, to supply a heavy fuel oil pump.
Fraser, Fontaine, and Kong, have been contracted to provide rolling of insurance coverage from the Petrojam refinery, in the sum of US$3 million for overseas premium, and $3 million for local premium, up to March 31, 2009.