FOR IMMEDIATE RELEASE URCA Issues Adjudication on Proposed Change in Control of New Providence Gas Limited The application relates to the proposed acquisition by Shell Bahamas Power Company Inc. of a 40% equity interest in NPG from Sun Oil Holdings Limited. Following its review, URCA determined that the proposed change
WHEREAS: NOW pursuant to section 46(2) of the Electricity Act, 2024 (EA), URCA makes the following Adjudication: URCA’s Statutory Considerations in granting approval of a Change in Control In accordance with section 44 of the EA, upon receiving a notification for a change in control, URCA reviewed the application to
The Utilities Regulation and Competition Authority (URCA) has published its Statement of Results (SoR) following consultation on its Draft Annual Plan 2026. The SoR sets out URCA’s responses to submissions received from the Bahamas Telecommunications Company Limited (BTC) and a joint submission from Cable Bahamas Limited and Be Aliv Limited
27 March 2026 The Utilities Regulation and Competition Authority (URCA) has issued its Statement of Results and Final Determination on the Renewable Energy Plan submitted by Saint George’s Cay Power Company Limited (SGCPC), following a public consultation process that included written submissions, a resident petition, and feedback received at a
Nassau, The Bahamas — 19 March 2026 — The Utilities Regulation and Competition Authority (URCA) has published its Statement of Results and Final Decision following the second-round consultation on supplementary licences for the natural gas sector, together with two new standard licence documents: the LNG Pipeline Construction Licence and the
Nassau, The Bahamas — 06 February 2026 — The Utilities Regulation and Competition Authority (URCA) has published “Supplementary Licences for the Natural Gas Sector – Statement of Results and Final Decision (NGS 03/2026)”, concluding its public consultation on proposed updates to the natural gas licensing framework under the Natural Gas Act, 2024. The
The Utilities Regulation and Competition Authority (‘URCA’) releases this Statement of Results and Final Decision on the ‘Regulation of Retail Prices for SMP Operators – Rules’ following URCA’s consultation published on 4 December 2024.1 During the consultation, URCA presented and sought feedback on its proposed revisions to the Retail Pricing
URCA is responsible for licensing NGS activities in The Bahamas in addition to issuing regulations and guidelines that aim to promote the development and functioning of a safe and reliable natural gas system in The Bahamas. URCA regulates the NGS through the Natural Gas Act, 2024 (NGA) which sets out,
The Utilities Regulation and Competition Authority (URCA) issued its Draft Annual Plan 2025 (DAP 2025) for consultation on 20 December 2024. The document outlined URCA’s strategic priorities and key projects for the regulation of the Electronic Communications Sector (ECS), the Electricity Sector (ES), and the emerging Natural Gas Sector (NGS)
The Utilities Regulation and Competition Authority (URCA) is pleased to announce thepublication of its Statement of Results and Next Steps following the Public Consultation on theRoadmap to Enable 5G Deployment in The Bahamas, which was initiated on 22 August 20241.URCA views this document as a crucial milestone in establishing the
URCA issues this Statement of Results and Final Decision on the Proposed Revision to the Code of Practice for Content Regulation ECS 77/2024 consultation document. In addition to this Statement of Results and Final Decision, URCA publishes its Revised Code of Practice for Content Regulation – ECS 78/2024 (“the Revised
URCA has exercised its authority under the Natural Gas Act (2024) to establish a comprehensive framework for assessing fees on licensed entities operating in the natural gas value chain. These fees are essential to support URCA’s ongoing regulatory activities and ensure that the sector develops in line with national policy
URCA issued its Preliminary Determination on the “Modifications and Variations to the Electronic Communications Sector Individual Licences, Class Licences and Exemptions” Consultation Document – ECS 72/2024 (“the Preliminary Determination”) on 20 August 2024. The period for submission of responses closed on 20 September 2024 (“the Response Date”) and URCA is
In this document, the Utilities Regulation and Competition Authority (“URCA”) issues its Statement of Results and Next Steps with respect to URCA’s Public Consultation on the Draft Licenses, Regulations and Codes for the Natural Gas sector. URCA NGS 202024 – Regulatory Fees Methodology Consultation Document
1) In the exercise of the powers conferred upon it by section 8(3)(c) and 123(a) of the Natural Gas Act, 2024, the Utilities Regulation and Competition Authority (“URCA”) hereby issues these Regulations relating to the safety standards for natural gas pipelines. 2) The objectives of this regulation are to prescribes
1) In the exercise of the powers conferred upon it by section 8(3)(c) and 123(a) of the Natural Gas Act, 2024, the Utilities Regulation and Competition Authority (“URCA”) hereby issues these Regulations relating to the Ship-to-Ship (STS) transfer of LNG in bulk and the STS transfer of LNG to be
This Code sets forth minimum standards of performance in accordance with which a natural gas importer is required to carry out its Authorised business. https://urcabahamas.bs/wp-content/uploads/2024/09/URCA_Liquefied-Natural-Gas-import-code_FINAL-003.pdf
1) In the exercise of the powers conferred upon it by section 8(3)(c) and 123(a) of the Natural Gas Act, 2024, the Utilities Regulation and Competition Authority (“URCA”) hereby issues these Regulations relating to the marine transfer area for LNG of each waterfront facility handling LNG and to construction in
https://urcabahamas.bs/wp-content/uploads/2024/09/URCA-NGS-Terminal-Operator-Licence_FINAL_DD_24092024.pdf
https://urcabahamas.bs/wp-content/uploads/2024/09/URCA-NGS-Retailer-Code-of-Conduct-final.pdf
