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Divestment for PetroJam may spur expansion financing

06 February 2012

Read more: [petrojam]

The victory of the People’s National Party (PNP) in Jamaica’s general election has boosted the chances of a stalled $1.5 billion refinery upgrade project movement forward. The PNP’s manifesto included a commitment to proceed with the re-engineering and retrofitting project for Jamaica’s Petrojam refinery. Ownership of the refinery is split 51:49...

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