Barbados National Oil Company Limited
Encyclopedia
The Barbados National Oil Company Ltd. (BNOCL) is a national state-owned energy provider in the country of Barbados
. Founded several decades ago, the company satisfies about 30% of the country's total consumption of oil
and gas
.
With approximately 90 000 homes across the island of Barbados, the company lays claims to having natural gas
hookups with 70 000 of them. In addition, to the many homes connect to the islands' natural gas infrastructure the company also supplies he Barbados Light and Power Company
, the airport, and provides gas distribution for many of the islands' privately owned gas stations.
The country has an energy total requirement of around 2.9 Moilbbl of oil per year. Of this amount the Barbados National Oil Company supplies Barbados with around 370000 barrels (58,825.3 m³) of oil per year.
Subsidies:
Barbados
Barbados is an island country in the Lesser Antilles. It is in length and as much as in width, amounting to . It is situated in the western area of the North Atlantic and 100 kilometres east of the Windward Islands and the Caribbean Sea; therein, it is about east of the islands of Saint...
. Founded several decades ago, the company satisfies about 30% of the country's total consumption of oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
and gas
Gas
Gas is one of the three classical states of matter . Near absolute zero, a substance exists as a solid. As heat is added to this substance it melts into a liquid at its melting point , boils into a gas at its boiling point, and if heated high enough would enter a plasma state in which the electrons...
.
With approximately 90 000 homes across the island of Barbados, the company lays claims to having natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
hookups with 70 000 of them. In addition, to the many homes connect to the islands' natural gas infrastructure the company also supplies he Barbados Light and Power Company
Barbados Light and Power Company
The Barbados Light & Power Company Limited is a wholly owned subsidiary of Light & Power Holdings and currently the sole electricity utility provider in the country of Barbados...
, the airport, and provides gas distribution for many of the islands' privately owned gas stations.
The country has an energy total requirement of around 2.9 Moilbbl of oil per year. Of this amount the Barbados National Oil Company supplies Barbados with around 370000 barrels (58,825.3 m³) of oil per year.
Subsidies:
- The Barbados National Terminal Company Limited (BNTCL)