HIGH ELECTRICITY COSTS DIRECTLY RELATED TO RECORD PRICES OF OIL AND GAS ON THE GLOBAL MARKET – SAYS BVIEC
The BVI Electricity Corporation (BVIEC) has attributed the rising cost of electricity in the territory to external factors, particularly the effects of the COVID-19 pandemic and the Russian Invasion of Ukraine on the global oil market. BVIEC General Manager Leroy Abraham told 284Media, “coming out of the pandemic, energy is directly correlated to oil and … Continued

