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LNG pre-bidding session ends today

Published:Thursday | September 29, 2011 | 9:36 AM

Jerome Reynolds, Gleaner Writer



The Government is to wrap-up a special seminar today with potential bidders for the project to supply the government with Liquid Natural Gas (LNG) and to construct an LNG Floating and Re-gasification Terminal.



The Government’s plans to establish a terminal hit a snag after the Office of the Contractor General (OCG), said it had uncovered irregularities in the bidding process.



Exmar Consortium had emerged as the preferred bidder for the construction of a floating storage and re-gasification unit for LNG.



However, the OCG said the entire tender process for the project had been compromised and recommended that it be aborted and the bid retendered.



Speaking in Parliament on Tuesday, Energy minister, Clive Mullings, said during the first round of talks on Monday several entities expressed an interest to supply LNG to Jamaica.



Mullings said he is looking into those proposals and an announcement will be made when a deal is finalised.



The Government has revised its projection to introduce LNG to 2014.



The Government plans to introduce LNG as part of efforts to broaden the country’s energy sources with the overall objective of reducing the nation’s dependence on oil.



jerome.reynolds@gleanerjm.com