Business
Jamaica: LNG to be introduced by 2012
Thursday, October 4, 2012
The Jamaica government says it intends to introduce liquefied natural gas (LNG) by 2015 as it seeks to make the island nation more competitive by reducing the cost of energy to the various stakeholders.
The Jamaica Public Service Company (JPSCo) will now be responsible for sourcing the Liquified Natural Gas (LNG) needed to fuel its new generation plant. This was revealed by Energy Minister Phillip Paulwell.
“We are very confident that with the tremendous international reach that Marubeni and East West Power (JPSCo parent company) have, they are quite capable of doing this on their own,” Paulwell told journalists at yesterday’s Jamaica House press briefing at the Office of the Prime Minister in Kingston.