Company Profile

Petroleum Corporation of Jamaica (PCJ)

Get all the information about Petroleum Corporation of Jamaica (PCJ), a company operating mainly in the Electric Power and Oil & Gas sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Jamaica, which include Geological mapping / Surveys, NYMEX Light Sweet Crude, Fuel Sales, Brent, Storage Terminals, Tight gas, Natural Gas, Biofuels, Mexican Mix, Shale gas , Upstream Company, Onshore, Crude oil, Oil sands, Green Hydrogen, Natural Gas Distribution, Heavy oil, Type of hydrocarbons, Offshore, Coalbed methane, WTI, Liquefaction, Production Facilities, Deepwater, Shale Oil, Gas Processing, Location, Subsea, Regasification, Drilling rigs, Production, Upstream, Shallow waters, Downstream andRefineries. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Description:

The Petroleum Corporation of Jamaica (PCJ) is a state-owned company that has the exclusive right to explore for oil, to develop Jamaica's petroleum resources and to enter all stages of the petroleum industry. The company, through its subsidiaries, markets gasoline, lubricants, and petrochemicals to industrial consumers and retail outlets through its network of service stations; and refines crude oil and sells petroleum products to local marketing companies. The concept of a state-owned energy company in Jamaica was first promoted in 1975 as a delayed response to the 1973 oil crisis. The Jamaican government in June 1979 created the PCJ. The enabling legislation, the Petroleum Act of 1979, established the PCJ as a statutory corporation, under the ministry of mining and energy. This included the right to negotiate import contracts (e.g. The San Jose Accord), operation of the refinery, transportation and sale of petroleum and petroleum products. The PCJ Group includes subsidiaries Petrojam Ltd. (1982), which operates the oil refinery and Petcom Ltd. (1985), the marketing and retailing company. PCJ is based in Kingston, Jamaica.

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