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Jamaica Secures Funding from EU for Proposed Floating LNG Platform

The European Union’s European Investment Bank agreed to help finance a floating LNG platform proposed for Port Esquivel in Jamaica, according to Jamaica’s foreign affairs minister. Project proponents hope that the platform, which would take 18 months to
December 7, 2006

The European Union’s European Investment Bank agreed to help finance a floating LNG platform proposed for Port Esquivel in Jamaica, according to Jamaica’s foreign affairs minister. Project proponents hope that the platform, which would take 18 months to construct, will encourage industrial growth in the area and decrease electricity generation costs. The Jamaica Gleaner has further details.

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