Former head of the Environmental Protection Agency (EPA), Dr Vincent Adams says that the flaring fee being paid by ExxonMobil to Guyana is only 3% of what the company earns from the oil produced during flaring.
In a letter that was published in Tuesday’s edition of Stabroek News, Adams wrote, “It is repulsive that their [Exxon] only gas talks are to insultingly boast about the pittance they throw at us as a flaring fee which turns out to be a measly 3% of the money they reap from the flaring.”