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- First quarter report: Record high oil production in Guyana drives industry-leading profits for Exxon
- US$39.5B in oil already pumped from Liza 1&2 but Guyana only received US$5.9B
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Is the GTE viable?
Dear Editor,
With the cost of the Gas-to-Energy project escalating from some US$1 billion to some US$2 billion is the predicted reduction in electricity bills by 50% still possible.
Or, would the Government be subsidising electricity. Should this be the case then the GtE project will be a WHITE ELEPHANT.
Had proper feasibility studies and public consultations been done these cost overruns may have been reduced.
If the GtE is a white elephant there will need to be accountability. Guyanese citizens would expect answers and rightly so.
Sincerely,
Sean Ori
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