Petroleum and Alternative Liquid Fuels Strategies and Investment Plan 2014−2019, 2014 (Solomon Islands)
The Petroleum and Alternative Liquid Fuels Strategies and Investment Plan (PET-ALT SIP) is intended to address one of the Solomon Islands National Development Strategy (SINEP) goals to "increase the access of safe, affordable and reliable petroleum products and alternative liquid and gaseous fuels." The purpose of developing this PET-ALT SIP is to provide a clear vision of how best to plan, manage, coordinate and lead the petroleum sector.
Its expected outcomes are also aligned with the SINEP petroleum sector priorities, namely:
- Supply and affordability of petroleum products to outer islands and remote rural locations are improved
- Petroleum storage and handling facilities conformed to local and international safety, health and environmental standards
- Regulated petroleum prices effectively monitored in the nine provinces
- Alternative fuel projects coordinated
PET-ALT SIP is composed of four parts:
- Part 1 introduces the strategy and the methodology in formulating the PET-ALT SIP, as well links the energy sector to the National Development Strategy.
- Part 2 is a review of the petroleum sub-sector.
- Part 3 covers the vision, policy goals and strategies.
- Part 4 covers petroleum investment plans.