Following the recent meeting with Senior Minister in the Office of the President with Responsibility for Finance and Public Service, Dr Ashni Singh, and US Exim Bank officials in Washington, Vice President Bharrat Jagdeo says that the bank’s board is likely to discuss the US$660 million funding for the Gas-to-Energy (GtE) project at an October meeting.
“They are aiming to go to the Board by October [for a] Board meeting, but all of the technical and environmental work has been completed and they have all of the information necessary to go to the Board,” Jagdeo yesterday said at a press conference he hosted at Freedom House.
The Vice President, who also holds oversight for the oil and gas sector, said that the Finance Minister will provide additional details on the meeting. “Ashni Singh met with EXIM Bank and he is going to tell you about it and that they have indicated that they have all of the information they need to go to the Board.”