Failed diplomacy in LNG bid

June 24th, 2011

CANDIA DAMES NG News Editor candia@nasguard.com Published: Jun 24, 2011

A series of U.S. Embassy cables document the unsuccessful diplomatic maneuvers made over two administrations to get a go-ahead for liquefied natural gas (LNG) pipelines from Florida to The Bahamas.

One of the cables obtained by The Nassau Guardian through the whistleblower organization WikiLeaks said that in 2009 AES Corporation proposed constructing an LNG pipeline from Ocean Cay near Bimini to New Providence at no cost.

According to a former AES representative, when this idea was presented to Prime Minister Hubert Ingraham, the PM said he “wouldn’t be pushed into doing it.” Read the rest of this entry »

Attorney: Oil exploration could threaten’green’Bahamas

June 15th, 2011

INDERIA SAUNDERS Guardian Business Reporter inderia@nasguard.com Published: Jan 27, 2011 A local attorney is arguing a completely”green”Bahamas that could bring billions of dollars of revenue to the economy could be threatened by present moves to grant oil exploration licenses and subsequent drilling for that black gold.

As Paul Moss sees it, a national move in the environmentally-friendly direction could lead to benefits that could in turn lead to real sustainability in tourism; however, he noted that moves to allow oil exploration licenses may work contrary to that goal. Read the rest of this entry »

PLP: FNM ‘asleep at the wheel’ over barging of water from Andros

June 14th, 2011

Published On:Tuesday, June 14, 2011

THE Free National Movement was branded a government “asleep at the wheel” by the PLP yesterday for failing to continue with their plans to “discontinue” the barging of water from Andros by the end of 2007. Read the rest of this entry »

Govt’s stance on oil drilling unchanged

June 14th, 2011

Deveaux: More studies needed before drilling JAMMAL SMITH NG Business Reporter jammal@nasguard.com Published: Jun 14, 2011 The government’s stance on drilling for oil in Bahamian waters remains unchanged, with the Minister of Environment Earl Deveaux saying companies like the Bahamas Petroleum Company (BPC) are not getting the green light to drill in the near future. Deveaux said last week Thursday that the moratorium that has been in place since the Deepwater Horizon spill last year has not been lifted, and more environmental studies will have to be conducted before any drilling activity occurs. Read the rest of this entry »