Energy World summoned to the Philippines to explain project delays.

As the deadlines looms for Energy World International to pay over US$35M to the OUR as a part of the agreement relating to the recent approval of a license for constuction of a 381MW plant  , the company is facing questions on the other side of the world.

In a recent cleverly crafted release,  Energy World said it was “invited ”  to a meeting in Manila, Philippines by the Secretary for Energy , Mr Carlos Jericho L. Petila to provide an update on the  Pagbilao LNG Hub Terminal and Power Station project.

Energy World was in fact  summoned to a meeting in Manila, Philippines by the Secretary for Energy , Mr Carlos Jericho L. Petila to explain the delays in the  Pagbilao LNG Hub Terminal and Power Station project.

Energy World was told to get the 200MW plant completed as soon as possible, as the Government was concerned about the potential for potential problems if the plant does not come on stream by 2015.

Is is important that we as Jamaicans understand the issue here, because this will help us better understand the questions that have arisen on a consistent basis about the abilities of Energy World International.

This project has been in the making since 2011 and in 2014, there has been not much progress on the project, hence the reason the Secretary of Energy of Philippines demanding that Energy World get the project completed as they are running out of time.

This is certainly not good news given that Jamaica has given this company a recent contract for a  381 MW plant to come on stream in 2016.

I will provide a further update later.

Energy World – Philippines

 

Here is the release from Energy World in 2011

Jan 31, 2011

The Directors of Energy World Corporation Limited (EWC) are pleased to announce that EWC has recently received from the Secretary of the Department of Energy of the Republic of the Philippines a permit for the development, construction and operation of a Liquefied Natural Gas Hub Terminal and Re-gasification Facility (LNG Hub Terminal) on Pagbilao Grande Island, Quezon Province, the Philippines. The permit is for a period of 25 years which can be extended.

http://www.lngworldnews.com/ewc-gets-permit-to-develop-pagbilao-lng-hub-philippines/

 

Three years later nothing much to show