-60-day review process underway
An environmental study was yesterday submitted by ExxonMobil’s subsidiary to the EPA for a US$1.3b gas to shore project which the government hopes will lead to vastly lower energy costs that would enable a spurt in manufacturing but doubts have persisted over execution capacity and whether a real feasibility study has been done.
Critics have argued that as with oil extraction in the Atlantic, the government intends to plough ahead with converting gas to energy no matter what and that it has sway over the regulatory authorities who will have to grant permission for the project on the West Bank Demerara to proceed.
The Environmental Protection Agency (EPA) yesterday announced that ExxonMobil’s subsidiary Esso Exploration and Production Limited (EEPGL) has submitted its Environmental Impact Assessment (EIA) for the much-touted gas to energy project, thus triggering the 60-days public review process.
