The government remains silent on the contention that Esso Exploration and Production Guyana Limited (EEPGL) has not signed a guarantee agreement which mandates its parent companies to provide unlimited liability coverage should there be an oil spill, although this is a specific requirement of the Liza Phase 2 development project’s Environmental Permit.
It has been over a month since former Executive Director of the Environ-mental Protection Agency (EPA), Dr Vincent Adams made the revelation that the agreement has still not been signed.
In February, Adams had told Stabroek News that during his tenure as Executive Director of the EPA, they made two changes in the Liza-2 permit. He said that the Environmental Permit for Liza-2 had initially stated that Exxon’s subsidiary, EEPGL would self-insure but given that they are a limited liability corporation, Adams demanded that they transfer the liability to its parent company.
