The Bahamas National Trust (BNT) is currently working on a policy which will address aggregate environmental matters, according to the organisation’s Executive Director Eric Carey.
The policy comes in the wake of the $5.5 billion dollar oil refinery and storage unit by Oban Energies, and the future implications it will have on the environment.
The police, Carey said, was also necessary in light of another plant to be built in southwest New Providence to service Bahamas Power and Light’s (BPL) customers.
Shell Energy North America won the bid earlier this year to build the oil plant for Liquefied Natural Gas (LNG).
In response to the two plants, Carey said, the BNT is “developing a policy to speak to matters concerning hydrocarbons”.
“Hydro carbons is the compound of hydrogen and carbon, such as any of those which are the chief components of petroleum and natural gas,” Carey explained.
He also emphasized that BNT is approaching environmental matters very carefully and wished to offer no additional comments concerning Oban Energy and Shell’s LNG plant.