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South American oil-producing country Guyana has passed a bill requiring companies to be responsible for damages caused by oil spills.

Breakings ·  May 18 09:13

The Guyana parliament passed an oil pollution bill on Friday evening, requiring all parties to be responsible for damages caused by oil spills, including Ship. The bill was passed by a majority vote in a simple verbal vote and is expected to be signed into law soon by President Irfaan Ali. Guyana's oil production is controlled by a consortium led by Exxon Mobil, with production expected to exceed 0.9 million barrels per day this year. This South American country is trying to strengthen regulation of its emerging NENGYUANHANGYE, with all its Crude Oil Product and Henry Hub Natural Gas production coming from offshore oilfields.

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