Grenada is about to become an important energy center in the Caribbean. A Nigerian oil and gas company, Oceangate, has made a big multi-billion dollar deal with Global Petroleum Group to start one of the largest oil and gas projects in the Caribbean.
According to Dr. Aisha Achimugu, the CEO of Globel Petroleum Group, this partnership aims to tap into Grenada’s rich oil and gas resources. This will help Grenada develop into a significant energy supplier in the Caribbean and potentially beyond.
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Dr. Achimugu expressed excitement about the partnership, highlighting that it will bring economic benefits and energy resources to Grenada. She emphasized that Oceangate is focused on sustainable energy solutions that will create jobs, improve local infrastructure, and bring in new technology, all while being mindful of environmental standards.
Overall, this project is expected to stimulate long-term economic growth and offer many opportunities for Grenada, strengthening its role as a key player in the energy market in the region.
