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COMPANY OVERVIEW

Petrojam, Jamaica’s only petroleum refinery is a limited liability company
jointly owned by PDVCaribe, a subsidiary of Petróleos de Venezuela (PD VSA) and the Petroleum Corporation of Jamaica (PCJ). The PCJ is a statutory body created and wholly owned by the Government of Jamaica.

Petrojam supplies a full range of domestic, transportation and industrial petroleum products. We also operate a laboratory which provides quality control and certification services for petroleum products manufactured and imported by the refinery. Laboratory service is also provided to Jamaican businesses and the scientific community.

HISTORY

We trace our roots back to March 1964, when ESSO built, and operated the refinery for 18 years when it was sold to the Government of Jamaica. In 1982, the government purchased the Esso Kingston Refinery and established Petrojam Limited. Later
in 2006 the Government of Jamaica sold 49% of its shares to PDVCaribe.

OUR PRODUCTS

Petrojam operates a 35,000 barrel per day hydro-skimming refinery, to produce Automotive Diesel Oil
Heavy Fuel Oil
Kerosene/Jet Fuel, Liquid Petroleum Gas (LPG), Asphalt and Gasoline. Both grades of unleaded gasoline (90 and 87 R+M/2) contain 10% ethanol. Ultra low sulphur diesel is imported so that the company can supply the market demand.

The company focuses primarily on meeting the needs of the national market, and does this through a mix of refining and importation of finished products. Customers served include the Power Producers
Aircraft Refueling
Multinational and Local Marketing companies. We are resolute in our commitment to deliver high quality products on schedule to the complete satisfaction of our customers.

ENVIRONMENT AND SAFETY

As a company, we take great pride in maintaining high standards for quality
health and safety
and environmental protection. Our persistent efforts to improve on our safe work environment con tinue to show good results. We have reduced or loss time incidents and have had no incidents resulting in loss of life.

Petrojam cares about the community and strives to play a part in nation building
we are proud of our contribution to the surrounding communities especially in the areas of health and education

OUR PEOPLE Our success is driven by our people and their focus on delivering results by operating safely and executing responsibly. The General Manager leads the team which is organized into the departments of Logistics and Marketing
Production
Safety, Environment & Quality
Maintenance & Reliability
Finance and Accounts
Human Resource Development & Administration and Strategic Planning & Business Support. Petrojam is staffed by approximately 211 highly skilled employees, deployed to the various departments
our talent pool includes engineers, technicians and administrative support staff.

The General Manager is responsible for daily manage ment of the refinery
however the ultimate internal authority is the Board of Directors. The Board is comprised of an equal number of Venezuelan and Jamaican Directors.

BUSINESS STRATEGY

Our business strategy is focused on positioning the company for long term survival and competitiveness through initiatives to diversify product mix in keeping with energy policy mandate, increase operational efficiencies in all processes
improve risk management systems and retain a talented and high performance team

Oil refinery

petroleum products

PETROJAM QUALITY ASSURANCE LABORATORY OPERATIONS

The laboratory’s primary function is to ensure that the products we supply to the market (whether it is produced or imported) meet all legal and contractual specifications. To do this, samples are tested and analyzed from all process unit streams and blended products to ensure that it meets the specifications required by the Refinery. Each batch of fuel (which incl udes gasoline, kerosene, automobile diesel, heavy fuel oil, LPG, ethanol and asphalt), is analyzed, if the product meets the specifications it is certified by the laboratory before being made available to our customers.

The state of the art facility will ensure energy security for Jamaica and bring benefits to Jamaica at several levels. With its expansion in 2013, Petrojam will produce environmentally friendly petroleum products to international standards. New products from the refinery will also facilitate development in other areas of the economy, including petcoke as a fuel for electricity generation and Sulphur for chemical companies.

Products

Petcoke and Sulphur

Category

Petroleum Products

LIQUIFIED PETROLEUM GASES

Liquefied petroleum gas (LPG) is the generic name for commercial propane and commercial butane. Petrojam supplies both grades to the domestic market. These are hydrocarbon products derived from the processing of crude oil
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