Before 1999, oil arrangements between Jamaica and Nigeria were handled by a joint venture between the PCJ and international oil trading company, Vitol SA Inc. Mullings maintained that while the PCJ-Vitol partnership lasted, the Jamaican corporation was allowed to share profits equally. Mullings disclosed that PCJ was indemnified against losses and the partnership was audited frequently by an international oil consultant. “We are advised in a letter to Mr. Audley Shaw (the opposition spokesman on finance and the public service), under the signature of the permanent secretary, that ‘the absence of a Jamaican High Commissioner in Abuja, Nigeria, during 1999 was one of the reasons that led PCJ to acquire the services of GoodWorks International, an Atlanta-based firm, to assist in the process of acquiring new liftings of Nigerian oil’.”

But the opposition leader insisted on knowing “what qualifications Goodworks had in the oil industry that could have prompted their involvement in the government-to-government negotiations.” A three-way arrangement currently exists between PCJ, Goodworks and a new oil trader, Trafigura Limited. Mullings wondered why the present arrangements are not being audited.
“One wonders whether this was the reason why the Ministry of Finance and Planning instructed the PCJ that, with effect from April 1, 2005 the net income from the Nigerian oil facility was to be paid into the consolidated fund,” the politician quipped. The Obasanjo administration has also retained Goodworks to polish its image in the USA for an annual fee of $1.6 million, although Nigeria operates an embassy and two consulates there which, observes believe, can be effectively used for the PR purpose.
(see http://www.nairaland.com/nigeria/topic-20431.0.html)

“Turns out that Trafigura, a company which has been trading Nigerian oil for Jamaica through both PNP and JLP administrations (yes, child, the JLP were once in power, long, long, ago…), had made a contribution to the PNP’s campaign financing and the PNP had used this money to fund the party conference.”

Trafigura was founded in 1993. …

http://www.trafigura.com/the_group.aspx

Proir to1999, the oil arrangement between Jamaica and Nigeria was handled by a joint venture between the Petroleum Corporation of Jamaica (PCJ) and international oil trading company Vitol SA Inc.

The JLP has not been in power since February 1989.

Regards

http://www.themanicoureport.com/ about Trinidad

http://www.eemanee.blogspot.com/ about Barbados

Been reading you for awhile .. I like your style .. ‘Bad luck worse than obeah’ was what got me started. Had to let you know how much I enjoy the site.