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Topic: Petroleum Inspectorate
Legal drafters penning an 82-page law to create a unified regulatory office for Cayman’s utility providers did not solicit opinions from the half-dozen affected companies, instead they only consulted their controlling agencies.
In an eight-page response to Cayman Water Company CEO Rick McTaggart, government has sought to counter calls to withdraw and rewrite proposed legislation creating a single office regulating Cayman’s utility companies.
Cayman Islands lawmakers are set to review and approve an unprecedented number of bills in the Legislative Assembly meeting that begins Tuesday, some of which involve complex, long-standing issues that have been before parliament for more than a decade.
Although officials were still investigating the incident, Cayman Islands petroleum inspectors confirmed that the site of a massive fire in Savannah Meadows last week was “not on the radar” of local fuel and gas regulators before Wednesday.
Cayman Islands Chief Petroleum Inspector Duke Munroe confirmed Thursday that his agency would be reviewing a large container fire in the Savannah Meadows area.
Significant delays in shipping petroleum to the Cayman Islands must be considered when comparing current local retail fuel prices to international benchmark prices, Cayman’s chief petroleum inspector said this week.