FOCOL focused on its long-term strategy, not BPL's current problems

Thu, Aug 22nd 2019, 07:02 AM

Chairman of local oil and gas supplier FOCOL Sir Franklyn Wilson told Guardian Business yesterday that FOCOL is not focused on the “here and now issues” facing Bahamas Power and Light (BPL), but is carrying out long-range planning based on the changes in the energy sector globally.

FOCOL provides lubricating oil for BPL’s engines.

Wilson explained that as BPL moves into its new stages of power generation with new engines and new fuel in the next two years, FOCOL will continue to adjust its business to conform to the changing times.

“The best we could say is it is clear that even without the particular challenges BPL is facing, the energy sector is going through very considerable change, so those are the lenses through which we are looking at it,” said Wilson.

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