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Located in the Trinity Business Center in Country Road, St. Michael, the Energy Division was established in 1978, in the Ministry of Trade, on the advice of technical assistance experts from the Overseas Development Administration of the U.K.
A geologist, seconded from the Ministry of Agriculture, was the first full-time employee of the Division which was previously staffed by one part-time employee, the Director of Petroleum and Natural Gas.
Since 1978, the Division has expanded into an organization responsible for oil and gas, alternative energy and energy conservation (having amalgamated with the Energy Conservation Unit). The Division also provides geological and earth science services to other Government departments, as well as to the private sector.
The Division is charged with the mandate of monitoring petroleum price movements; liaising with the CariCom Secretariat and OLADE on regional energy issues; preparing Cabinet Papers, briefs, speeches, position papers and comments on energy, geological and earth science-related matters; so that the functioning of an efficient, reliable sector may be ensured.
The Energy Division is comprised of an Administrative Unit, the Legal & Regulatory Unit, the Natural Resources Department, the Renewable Energy & Energy Conservation Unit and the Research & Planning Unit.
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The Government of Barbados has received financing from the Inter-American Development Bank (IDB), and it intends to apply part of the proceeds to payments under the project: Support to the Sustainable Energy Framework for Barbados, for the procurement of Two Thousand (2,000) Power Monitors.
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Renewable Energy Pilot Project : Tender Update! |
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The Government of Barbados has received financing from the Inter-American Development Bank (IDB), and it intends to apply part of the proceeds to payments under the project: Support to the Sustainable Energy Framework for Barbados, for the purchase and installation of...
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In 2008, the Government of Barbados officially embarked on a campaign to market its exclusive economic zone for oil and gas exploration & production to qualifying companies across the globe. For information about this programme, click here. |
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Current Retail Price Structure
Effective January 2013 (Prices quoted in BDS dollars per litre)
Kerosene: $1.85 per litre Diesel: $2.86 per litre Gasoline: $3.15 per litre Liquified Petroleum Gas (20lb): $39.85 Liquified Petroleum Gas (25 lb): $49.63 Liquified Petroleum Gas (100 lb): $178.12
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