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Gulfstream Petroleum Jamaica S. de R.L.

Sector: Oil and Gas • Location: Jamaica

Source: Inter-American Development Bank (IADB)

Project
In Implementation

Marlin Jam is a company engaged in the marketing and distribution of fuel (diesel, gasoline, kerosene, fuel oil, jet fuel, and lubricants) and liquefied petroleum gas (LPG).The objective of this IIC project is to provide Marlin Jam with the financing it needs to acquire the assets of CCS through the purchase of its shares. The seller of the shares would be Chevron Latin America Holding Limited, a

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Project Information

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The project “Gulfstream Petroleum Jamaica S. de R.L.” is an infrastructure initiative in the Oil and Gas sector, located in Jamaica. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Status

Original status

in implementation

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Description

Description

Marlin Jam is a company engaged in the marketing and distribution of fuel (diesel, gasoline, kerosene, fuel oil, jet fuel, and lubricants) and liquefied petroleum gas (LPG).The objective of this IIC project is to provide Marlin Jam with the financing it needs to acquire the assets of CCS through the purchase of its shares. The seller of the shares would be Chevron Latin America Holding Limited, a company established under the laws of Bermuda.For this transaction, the investment would be made jointly with Grupo Bigio—a partner the IIC supported during the acquisition of Dinasa, the latter of which has been an IIC client since 2010—and Grupo Martí of the Dominican Republic. Formerly Haiti’s second leading fuel distribution company; Grupo Bigio has made Dinasa the industry leader in all product lines and market segments.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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