Energy Minister, Fayval Williams says the Government has paid over approximately $25-million for compensation to consumers who were affected by the bad gas incident of 2015.
The money was paid over to the Consumers Affairs Commission, CAC by the state owned Petrojam Ethanol Limited, PEL.
Only persons who would have filed claims that were approved by the CAC will be compensated.
380 motorists stand to be compensated from the pay out.In a statement today Minister Williams said she hopes that this pay out will bring closure to this matter.
Minister Williams says she hopes the pay out will be seen as the Government making good on its efforts to ensure compensation for the motorists who were adversely affected.She says the payment of compensation is a sign of good faith by the Government for the affected motorists as neither PEL nor the Government is liable for the incident.In 2015, motorists across the island were adversely affected when they purchased contaminated fuel.
The Petroleum Trade Reform Committee, PTRC was subsequently established in 2016 to investigate the ‘bad gas’ reports and propose recommendations.
Minister Williams says several of the recommendations have been implemented by the Ministry to prevent a recurrence of the incident.
The Bad Gas scandal erupted in 2015 when the vehicles of several motorists were damaged by contaminated fuel.
Then Energy Minister, Phillip Paulwell, ordered an investigation which called into question the conduct of one marketing company.
However, the probe didn’t result in the marketing company being forced to compensate consumers.