ExxonMobil’s local affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has been given approval to flare for a third time but will have to pay US$45 per tonne of carbon dioxide equivalent.
In its August newsletter, the Environmental Protection Agency (EPA) stated that EEPGL had made applications and received approval for two separate periods of flaring for which it has made payment amounting to $400 million.
