1 January 2015


PO Box 719, Grand Cayman KY1-1103, CAYMAN ISLANDS


The Petroleum Inspectorate

PO Box 31213

Grand Cayman KY1-1205


Dear Friends,


I am writing on behalf of the Executive Committee of the Cayman Ministers' Association to make an enquiry about the pricing mechanism of petroleum products in the Cayman Islands and the state of its regulation.


I have looked on the web-site of the Cayman Islands Petroleum Inspectorate, and seeing there no mention of price regulation, am of the view that this matter appears not to be the remit currently of the Inspectorate.


I am requesting you to let me know if this is correct or not; and also, if it is correct, what the current method is, if any, of the regulation of the pricing of petroleum products in the Cayman Islands.


I am requesting an early reply as well as any further information on this matter that can be relevant to the question posed.


With kind regards and best wishes for 2015,


Yours sincerely,


(signed)




Bishop Nicholas Sykes

nsykes@candw.ky



cc. Pastors Winston Rose and M. Alson Ebanks



Petroleum Inspectorate Answer