$20m creates jobs

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Ajay Punja during the Bluegas LPG terminal groundbreaking ceremony in Lami yesterday. Picture: JONACANI LALAKOBAU

A $20 million investment by a petroleum company is expected to create employment for about 70 to 100 people, further cementing its footprint in the Central and Eastern region and improve customer reach.

Trading as Bluegas, 100 per cent locally owned Petroleum & Gas Company (Fiji) Pte Ltd, is a subsidiary of Hari Punja & Sons Pte Ltd and it held a groundbreaking ceremony for its new terminal in Suva yesterday.

Company managing director Ajay Punja said the new Bluegas terminal in Suva was a result of the growth in demand. Mr Punja said the new terminal would allow Bluegas to receive bulk gas directly from ships into its Suva terminal and avoid the risks involved in transporting large volumes of fuel by road from Vuda to the Suva region.

Mr Punja said with nearly all offshore work such as sea-to-shore piping, jetty and buoys completed, the onshore terminal was the last remaining item for the project and was expected to be completed by August next year.

According to Mr Punja the company recently acquired a barge that will service the remote islands.

He said the modern barge, which cost the company $3.5m was of the highest international standards (Lloyd’s Register) and would be the first of its kind in Fiji.

The company had set its sights on Vanua Levu where it had acquired 2.5 acres land near Savusavu to set up its next storage terminal.

Mr Punja said once it was done, the terminal would service the whole of Vanua Levu, Taveuni, Rabi and nearby islands.

Founded in 1990 Bluegas has grown in leaps and bounds and today has become a supplier of choice for domestic consumers, the majority of tourism resorts, restaurants, bakeries, hospitality sector and other institutions across Viti Levu.

Hari Punja & Sons Pte Ltd has invested more than $120m in Fiji in the past five years and has projects worth more than $76m in the pipeline.

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