Grenada amimer energy

Will Grenada become a major energy hub?

Grenada Signs Oil And Gas Agreement Grenada is set to become a major energy hub as Nigerian oil and gas company, Oceangate Oil and Gas Engineering, has secured a historic multi-billion dollar deal with Global Petroleum Group, to launch one of the Caribbean’s largest oil and gas ventures.

Where do companies find oil & gas in Grenada?

Companies began to search for offshore oil and gas in Grenada's waters in 2017 following the passage of a Hydrocarbon Exploration Incentive Bill. The area of focus is where the maritime boundaries of Grenada and Trinidad and Tobago meet. During a 2018 exploration by Global Petroleum Group, indications of natural gas were found.

Where does Grenada get its energy from?

[español] • [português] Grenada derives almost all of its energy from imported hydrocarbons. In 2020, non-renewables accounted for roughly 98% of installed capacity and electricity generation, with solar energy making up the difference.

Does Grenada have a national oil company?

Grenada does not have a national oil company. The Global Petroleum Group and an undisclosed Chinese company were heading oil exploration projects in Grenada as of October 2018. As of early 2021, approximately 235 employees worked for Grenlec on electrical generation, transmission, and distribution.

How do I get a generator permit in Grenada?

Electricity self generators must apply for a permit through the PURC ( Public Utilities Regulatory Commission ), Grenada's regulatory authority for energy. GRENLEC ( Grenada Electricity Services) is the formerly privatized, now nationalized, electrical company of Grenada. Grenada does not have a national oil company.

Who is responsible for energy projects in Grenada?

The MOID ( Ministry of Infrastructure Development, Public Utilities, Energy, Transport, and Implementation) is responsible for energy programs in Grenada. MOID handles the majority of permitting related to energy projects.