 

LOGISTICS & PRODUCT MARKETING 

Marketing and sale of petroleum products from Petrojam to domestic and
international markets are done through the Company's Marketing Division.


Always seeking to maximize opportunities in the competitive
international market, the company has successfully bid against
international fuel suppliers for major industrial contracts in the
Bauxite and Power Industries, and also undertakes spot sales in the
Caribbean region. 

In a move to expand its jet fuel supply business, Petrojam entered into
a joint venture agreement with Air BP to form Jamaica Aircraft
Refuelling Services (JARS). This company now operates at both
international airports in Jamaica, and its clientele includes a growing
list of international airlines, which serve Jamaica. 

BUSINESS OPPORTUNITIES 

PETROJAM ETHANOL : 

Petrojam Ethanol Limited (PEL) a subsidiary of the Petroleum Corporation
of Jamaica upgraded and expanded the Ethanol Dehydration Plant in 2005
to a capacity of 40 million US gallons. 

Currently, the production of anhydrous (fuel grade) ethanol at the plant
is based on a marketing agreement with the Brazilian company, Coimex
Trading, where the feedstock - hydrous ethanol is supplied from Brazil.
The companies jointly market the anhydrous ethanol in the United States.
PEL export ethanol to the USA under the Caribbean Basin Economic
Recovery Act (CBERA) of 1983 which provides exemption of duty for fuel
grade ethanol up to a quota of 7% of the US domestic production. 

In 2006, Petrojam Limited and PEL embarked on a program to introduce
ethanol in gasoline. The first phase of the program included a pilot
study of the E10 blend (10% ethanol, 90% gasoline) in a variety of cars
over a period of six months. The objective was to validate existing data
on E10 blend and this was successfully completed at the end of October
2006. The second phase is to introduce the E10 in all blends of unleaded
gasoline in Jamaica. Assessment of infrastructural work for the
refinery, loading terminals and service stations along with the
reliability of supplies are currently in progress. The outcome of this
assessment will determine the actual date of roll out to the consumers. 

PEL continue its effort to partner with investors in the development of
the local sugar cane industry for the production of fuel ethanol to
export and for local consumption. 

Website: http://www.petrojambunkering.com/petrojam_aboutb.htm

