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Golding takes control of LNG project

Published:Thursday | December 16, 2010 | 9:29 AM

Prime Minister Bruce Golding has named two high-powered teams to lead the country’s push towards the introduction of liquefied natural gas (LNG) by December 2012.

The establishment of an LNG storage and regasification facility is aimed at diversifying Jamaica’s energy sources.

A Ministerial Committee has been established to lead the effort and is to be chaired by Prime Minister Bruce Golding.

Other members include Energy and Mining Minister, James Robertson, Finance Minister Audley Shaw, Minister of Transport and Works, Mike Henry, and State Minister for Energy and Mining, Laurence Broderick.

Under the arrangement, a Steering Committee to be chaired by Special Advisor to the Prime Minister, Christopher Zacca, is to be established with support from a core technical team.

The Steering Committee will report to the Ministerial Committee at least every two weeks.

The Steering Committee will be responsible for financial investment decisions, development of a project value chain, project commercial structure, and execution of contracts, among other things.