President and CEO of the Sagicor Group, Christopher Zacca, is to head a committee tasked with strategically reviewing Petrojam.
Prime Minister Andrew Holness, who established the committee, says Petrojam requires a strategic review of its management and operations as well as its long-term viability.
Prime Minister Holness says he hasn’t found any hint of a policy failure in the energy portfolio he stripped from Dr. Andrew Wheatley last week.
Mr. Holness also outlined some of the weaknesses found at Petrojam, following the report submitted to Cabinet by the acting Permanent Secretary in the then Ministry of Science, Energy and Technology.
He says the guidelines must require applicants to disclose any potential conflict of interest.
Opposition Leader, Dr Peter Phillips, in responding to the Prime Minister’s statement on Petrojam questioned the government’s commitment to accountability.
Dr. Phillips also repeated the Opposition’s call for the former Energy Minister to be fired from the Cabinet.
Dr. Phillips says the Opposition isn’t suggesting the former minister should be held accountable for everything that has transpired at Petrojam.
However, he says country’s energy security is intrinsically linked to accountability and good governance at the State-owned oil refinery.