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VOLUME:115 No.89, MARCH 29TH, 2018
OBITS OFFICIA
CLASSIFIED TRADER: CARS, CARS, CARS & MORE CARS
INSIDE
Oban refinery - ’It makes no sense’
Experts question economic case for $5.5bn project By RASHAD ROLLE Tribune Staff Reporter rrolle@tribunemedia.net AS the $5.5bn Oban Energies project forges ahead, some business and oil industry insiders are unconvinced a viable market exists for an oil refinery in The Bahamas and want to see the feasibility study conducted for the project. Concerns have so far centred on the project’s environmental impact and the people behind the company, not so much its
economic viability. The Tribune understands the Bahamas Oil Refining Company International Ltd, BORCO, explored the possibility of moving beyond its oil storage business into the oil refinery arena in the last several years but decided the market could not sustain it. Developments like this are also being discussed in the region, with Sir Paul Collier, a prominent Oxford University professor of economics and public policy, SEE PAGE SIX
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LAWYERS’ CHIEF: WE’RE UNDER ATTACK By AVA TURNQUEST Tribune Chief Reporter aturnquest@tribunemedia.net
INCENSED over protracted delay in the appointment of a substantive chief justice, the Bahamas Bar Association yesterday suggested the constant undermining of democracy has pushed the country to an existential and constitutional crisis. SEE PAGE TEN
WE’RE GOING TO NEED LOTS MORE FRIES
‘RULES ARE THERE JUST ENFORCE THEM’ By RICARDO WELLS Tribune Staff Reporter rwells@tribunemedia.net
SKY Bahamas CEO Captain Randy Butler yesterday cautioned the government over the proposed licence control regulations for small-craft pilots, claiming the new rules only “overregulates” an over-taxed industry currently fighting for survival. Speaking to The Tribune yesterday, Capt Butler,
pictured, cautioned Tourism and Aviation Minister Dionisio D’Aguilar over the proposed regulations, insisting that the current regulations schedule already addresses the issues of “hacking” and illegal flight services. Capt Butler said the issue with the current schedule continues to be the lack of enforcement. SEE PAGE NINE
FISHERMAN Dudley Albury is pictured with a Moon Fish. Bahamians were busily making preparations yesterday for the Easter weekend. See page three for more photographs. Photo: Shawn Hanna/Tribune Staff
RADIO ROW AS SEBAS’ LICENCE RUNS OUT By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net SEBAS Bastian’s radio station has been broadcasting for more than a week without a licence, industry regulators admitted yesterday, after its temporary permission expired on March 21. Stephen Bereaux, the
Utilities Regulation and Competition Authority’s (URCA) chief executive, confirmed to Tribune Business that Paramount Systems, which is majority-owned by one of the Island Luck chief’s corporate vehicles, had yet to have its temporary licence extended. He said URCA was instead working to deal
with the impasse that required the temporary licence’s issuance in the first place, namely the dispute with the existing operator of the 103.5 FM frequency that had been allocated to Paramount Systems. “It has not actually been extended,” Mr Bereaux said of Paramount’s licence. FULL STORY - SEE BUSINESS
BLAZE DESTROYS ANDROS PLAZA By MORGAN ADDERLEY Tribune Staff Reporter madderley@tribunemedia.net
A FIRE erupted at Butler’s Plaza in Andros Wednesday morning, leaving the building completely destroyed, police said. The cause of the blaze is not yet known, head of Police Fire Services Chief Supt Walter Evans told The Tribune yesterday. “We can confirm that it was
A PICTURE of the blaze as posted to social media. an early morning fire there,” investigation to determine he told The Tribune. “Offic- the cause of the fire.” ers from the Fire Services SEE PAGE SEVEN are en route to conduct an
Nassau & Bahama Islands’ Leading Newspaper
WHAT WE FEEL WHEN THE FAMILIAR FADES
SEE PAGE EIGHT
HAPPY EASTER TO ALL OUR READERS THE TRIBUNE RETURNS ON TUESDAY