US$189-M power plant on track for com­ple­tion by 2020

Daily Observer (Jamaica) - - NEWS -

that a pow­er­ful pass­port or a pass­port which steadily in­creases its global rank­ing is al­ways a more at­trac­tive pass­port.

“Peo­ple have be­come more transna­tional than ever be­fore and want to ex­plore other mar­kets for busi­ness, life­style or work.

“The re­ceiv­ing des­ti­na­tion, through the Cit­i­zen­ship by In­vest­ment Pro­gramme ben­e­fits as they now have the op­por­tu­nity to ex­pand its global trade mar­ket, ben­e­fit na­tion­ally through the Na­tional Eco­nomic Fund, busi­ness in­vest­ments, gov­ern­ment bonds and through real es­tate,” Maragh as­serted.

He said it is ev­i­dent that this coun­try is a pre­mium des­ti­na­tion.

Neigh­bour­ing ter­ri­to­ries Grenada ranked 8th re­gion­ally and 33rd glob­ally with ac­cess to 143 coun­tries; St Kitts-ne­vis ranked 3rd re­gion­ally and 27th glob­ally with ac­cess to 151 coun­tries; while Antigua & Bar­buda ranked 4th re­gion­ally and 28th glob­ally with ac­cess to 150 coun­tries. MAN­AG­ING di­rec­tor of JAMALCO, Austin Mooney, says con­struc­tion of the baux­ite/alu­mina com­pany’s Us$189-mil­lion gas-fired co­gen­er­a­tion power plant by New Fortress En­ergy (NFE) is on track for com­ple­tion by Fe­bru­ary 2020.

Speak­ing dur­ing a tour of JAMALCO’S mines and re­fin­ery op­er­a­tions in Halse Hall, Claren­don, last Thurs­day, Mooney dis­closed that con­struc­tion of the off­shore gas pipe­line has been com­pleted, while work on the in­land seg­ment is un­der way.

“They [NFE] have started to ship the gas pipe from the United States, and we ex­pect that to be here very soon. NFE has al­ready re­ceived some of the large stacks, which are here [at the NFE site].the steam gen­er­a­tors and the com­bus­tion tur­bines are ex­pected in Kingston in about eight to 10 days, then they will be trans­ported to the re­fin­ery. The con­trac­tors will start mo­bil­is­ing to­wards the end of Jan­uary or Fe­bru­ary,” he said.

JAMALCO’S Di­rec­tor of Op­er­a­tions Richard Russell said the new power plant will serve two pur­poses.

“It is go­ing to sup­ply 90 to 100 megawatts of power into the [na­tional en­ergy] grid, which is low-cost power. It will [also] pro­vide JAMALCO with 120,000 pounds of steam, which is about 40 per cent of our de­mand [that] will help us to be­come a more ef­fi­cient re­fin­ery,” he said.

New Fortress En­ergy LLC is a global leader in en­ergy in­fra­struc­ture de­vel­op­ment and fi­nanc­ing, as well as de­liv­er­ing fast-tracked solutions that pro­vide re­li­able power and ben­e­fit to the en­vi­ron­ment.

The com­pany, head­quar­tered in New York, USA, is trans­form­ing Ja­maica’s en­ergy sec­tor as, in ad­di­tion to its en­gage­ments at JAMALCO, NFE is con­vert­ing the Ja­maica Pub­lic Ser­vice (JPS) plant in Bogue, St James, from a diesel fuel to Liq­ue­fied Nat­u­ral Gaspow­ered fa­cil­ity.

The com­pany is also spearheading de­vel­op­ment of the JPS’S 190-megawatt power plant in Old Har­bour Bay, St Cather­ine.

St Lu­cia has im­proved its pass­port power rank­ing in the Hen­ley Pass­port In­dex.

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