KINGSTON, Jamaica, Thursday February 21, 2019 – Government is assuring the motoring public that the appropriate legislative framework will be created to ensure that petroleum and petroleum products received into the market are safe and conform to international best practices.
Newly appointed Science, Energy and Technology Minister Fayval Williams noted that in this regard, the Petroleum (Downstream Activities) Act is being developed to regulate the quality of fuel supplied in Jamaica.
“I want to assure you of the Government’s firm commitment to the industry and our continued support in areas of policy and the maintenance of industrial harmony within the sector,” she said at the press launch of Texaco Jamaica’s centenary anniversary earlier this week – her first speaking engagement since being appointed to the Energy Portfolio last Wednesday.
“We are committed to working with all our stakeholders and partners to build a modern, efficient, diversified, environmentally-sustainable and profitable energy sector.”
Williams said that among the elements of the Act being proposed is a reduction in the levels of pollutants and emissions arising from the use of fuel that may cause environmental and health problems and “an insistence on the protection and safety of consumers and the general public”.
The Act will also facilitate the adoption of better engine and emission control technology, allow for more effective operation of engines and ensure that where appropriate, information about fuel is provided when it is supplied.
Williams hailed GB Energy, which operates the Texaco brand in Jamaica, for the “tremendous strides” it has made in the petroleum industry over the course of its 100 years of operation.
“This company supplies some 70 stations and has increased its industrial accounts, grown its market share in aviation fuel supply, partnered with the Government through the Jamaica Automobile Association’s fuel card system and introduced liquid petroleum gas (LPG),” she noted.
The Minister also commended GB Energy’s Chief Executive Officer (CEO), Mauricio Pulido, under whose leadership Texaco closed out 2016 with a 46 per cent share of the market.