Jamaica begins oil, gas exploration

0

Jamaica has embarked on an oil and gas exploration project, the Petroleum Corporation of Jamaica announced this week.

The project, which began November 1, is being facilitated under a production sharing agreement between the PCJ and Tullow Jamaica Limited.

The firm has received an exploration licence, having committed around $60 million to undertake oil exploration activities off the island’s south coast.

Read more Caribbean Journal

Leave A Reply

Your email address will not be published.