Honiara : 2 February 2016
A Malaysian, bulk fuel consortium, is reported to be keen on partnering with local Solomon Islands business entities to deliver cheaper, consistent and accessible fuel and gas to the provinces.
A four-member delegation arrived in Honiara last Thursday and met government officials and business executives of both the National Provident Fund (NPF) and South Pacific Oil during their stay.
Yesterday, Monday, the delegation paid a courtesy call on the Prime Minister, the Hon, Manasseh Sogavare, and told the PM the group had identified gasoline and kerosene as the target commodities for any business operation in Solomon Islands, but added that Liquefied Petroleum Gas (LPG) would also offer a viable product.
One of the group, said fuel and gas prices in rural Solomon Islands can be expensive because they are influenced by the high cost of transportation and the length of distance to delivery points.
The person stressed his company’s solution to the problem would be to deliver fuel and gas in bulk to the rural areas using fuel ships other than transporting bulk fuel in 44-gallon drums.
He also said his group is aware of the limitation of the existing infrastructure that government can provide to enhance development but the good news was that his company’s policy would be to promote a partnership with the Solomon Islands government in building the required infrastructure.
Source: Press Release of the Solomon Islands Government.