ExxonMobil not investing in planned Crab Island facility – Jagdeo

ExxonMobil will not be investing in the onshore oil and gas facility announced by the government for Crab Island, Berbice, according to Opposition Leader Bharrat Jagdeo, who said this was disclosed at a meeting he had on Wednesday with company officials.

Labeling the facility a “pie in the sky,” Jagdeo yesterday told reporters at his Church Street office that he asked the officials directly whether ExxonMobil is part of funding the facility and they responded in the negative.