Energy Minister, Fayval Williams, this afternoon formally advised the House of Representatives of the government’s plan to subsume the functions of the Petroleum Corporation of Jamaica, PCJ, into the Ministry.
Minister Williams told the House that the move is consistent with the ongoing effort of the government to rationalize public-sector bodies.
In 2017, the government announced that approximately 84 public entities will be either closed, merged, or divested in the public’s interest.
Minister Williams told the House today that a number of processes are being carried out as the government moves to subsume functions of the PCJ into the Energy Ministry.
Fayval Williams, Energy Minister addressing the House of Representatives today.
The PCJ was established in 1979 and is the state entity mandated to manage the country’s energy needs.
It’s the parent company of the state-owned oil refinery, Petrojam.
Meantime .. Opposition Spokesman on Energy, Phillip Paulwell, is calling for a forensic audit of the PCJ before its functions are subsumed into the Energy Ministry.
Phillip Paulwell, Opposition Spokesman on Energy addressing the House of Representatives today.