Time running out on CGX for deep water port plan

Even as the United Arab Emirates’ Abu Dhabi Ports (ADP) continues compiling technical information on a deep water facility at Berbice, government has also received a proposal from a group of locals and has put Canadian company, CGX Energy Inc on notice to stick to its promised September timeline for a plan.

“We already had CGX relinquishing some of their (oil exploration) blocks recently. So CGX had a development plan that included the building of facilities; land filling and so on. What they have done is give us some assurances, when they relinquished the land, that by the end of September we must have a developed plan from them, as to how they will move forward,” President Irfaan Ali told  Stabroek News on Saturday when asked for an update on the proposed project.

Ali said that government will be “Holding to that timeframe, of course; that is why they had to relinquish (the blocks). We are holding them to those timelines,” he added.