Mon | Apr 23, 2018

Gas retail trade shutdown over RUBiS controversy averted

Published:Tuesday | December 30, 2014 | 7:02 PM

A shutdown of the petroleum retail trade has been averted after RUBiS Energy Limited withdrew contentious new terms which were scheduled for implementation on January 1.

The decision was among several made during a meeting with Energy Minister, Phillip Paulwell, today.

Paulwell met with the management of RUBiS and representatives of the Jamaica Gasolene Retailers’ Association (JGRA).

The meeting was called as dealers threatened to intensify their protest action over the new terms which they have branded as unreasonable and draconian.

The dealers had raised concerns about a new electronic payment system, revised franchise fees and the implementation of a repayment policy.

A statement from the Energy Ministry says the parties will meet again on January 9.

The ministry says the parties have agreed that all current arrangements with dealers will remain unchanged until that date.

According to the statement, dealers who have already signed off on the new arrangements would continue to be subject to those terms.

Dealers who have been operating under the pre-existing arrangements would continue do so.

In the meantime, the JGRA has been given until tomorrow to provide Paulwell with a written response on the issues to be resolved.

That response is to be copied to RUBiS.

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