INCREASED NATURAL GAS RATES could be the straw that breaks the camel’s back for many struggling Barbadians.
That’s the warning from Opposition Senator Wilfred Abrahams, who said this could be the consequence of the National Petroleum Corporation Amendment Bill 2017 debated in the Senate yesterday.
He appealed to Government to give Barbadians a chance to prepare themselves to pay any higher natural gas rates. Abrahams conceded the current rates were low, but suggested that in the prevailing economic climate, many people might find it difficult to pay more.
He also questioned the power that would be given to the minister as the “sole determining authority” for the cost of natural gas service, with the ability to control and raise rates “at will”. (GC)
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