WIOC invest significant sum in its infrastructure
By Aabigayle McIntosh
The West Indies Oil Company Limited (WIOC) has invested significantly in upgrading its infrastructure, spending over $3 million on modernization efforts in recent months.
Speaking at the company’s Annual General Meeting last Friday, CEO Gregory Georges revealed that the upgrades aim to transform WIOC into a state-of-the-art facility, enhancing both safety and sustainability.
Georges noted that the company’s approach is aligned with industry standards observed in other regional markets, such as St. Lucia, Barbados, and the Bahamas, highlighting Antigua’s competitiveness.
The upgrades include transitioning from mechanical to electrical pumps to increase pumping speeds in storage operations, improvements to the jetty, and other enhancements across the facility.
Additionally, charging stations for electric vehicles will be installed, catering to the growing demand for sustainable energy solutions.
The CEO also announced plans to revive ship bunkering services, which had been suspended during the COVID-19 pandemic, emphasizing that any revival will be conducted on a commercially viable basis to ensure WIOC’s financial stability.
Furthermore, the company’s service stations are slated for a facelift, reflecting the ongoing commitment to modernization and customer satisfaction.
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