It has been inaccurately reported in the media that FOCOL Holdings, through its subsidiary company, Sun Oil Limited, supplies the Bahamas Electricity Corporation (BEC) with heavy fuel oil (HFO) and diesel fuel for power generation. According to a press statement recently issued by the company, no such fuel supply relationship exists between FOCOL or any of its subsidiary companies and BEC.
FOCOL Holdings Limited is the Shell brand licensee for The Bahamas and Turks and Caicos Islands. The branding relationship between FOCOL and Shell Brands International is separate and apart from any direct fuel supply relationships that Shell Western Supply and Trading Limited (a separate entity based in Barbados) may have with other entities in The Bahamas, notes the press statement.
Sun Oil Limited has the most expansive local distribution infrastructure of any oil company currently operating in The Bahamas. With its own fleet of coastal tankers and network of bulk fuel storage terminals located in Abaco, Exuma, Eleuthera and San Salvador, Sun Oil is uniquely positioned to provide logistical support services to BEC for the distribution of its fuel from Clifton Pier to its power plants in the Family Islands power. According to the press release, this is the extent of the fuel relationship between FOCOL and BEC.
"FOCOL does not subscribe to public discussions of its commercial arrangements with customers, however matters of national importance demand clarity to facilitate accurate and productive discussions," notes the statement.
FOCOL Holdings Limited is a publicly-traded company with over 800 Bahamian shareholders and 350 employees throughout The Bahamas and Turks and Caicos Islands.

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