Jamaica’s Prime Minister, Andrew Holness, has officially commissioned a floating storage regasification terminal (FSRT) into service to supply Jamaica with LNG.
This FSRT is historic as the first terminal of its kind in the region. The terminal will help diversify Jamaica’s energy mix, as well as providing greater energy security.
PM Holness commissioned the terminal in a formal ceremony onboard the Golar Freeze barge, currently docked in Old Harbour, St Catherine. His speech included the following comments:
“Today we celebrate a significant milestone in the partnership between the people of Jamaica and New Fortress Energy. We are on track to achieve an ambitious goal which is to have at least 50% of our electricity generation from renewables or cleaner fuels. We are almost there at 44% when we complete Old Harbour and that is a major significant achievement. The completion of the terminal will firmly establish the island as a premier LNG hub. It is the first of its kind in the Caribbean and will supply the 190 MW to the Old Harbour power plant through natural gas pipelines.”
“We are demonstrating that we can put in place the necessary investments, build infrastructure that both reduces the cost to the consumer, but most importantly, reduces the cost to the environment, and I think this is a good example of that. It’s a win-win for all.”
As the project operator, New Fortress Energy has reportedly invested close to US$1 billion so far.
Read the article online at: https://www.lngindustry.com/floating-lng/23072019/pm-commissions-fsrt-to-supply-lng-to-jamaica/