The following is a statement issued by Grieg NL about the Placentia Bay Aquaculture Project:
As a prudent business step, Grieg NL is willing to commence an Environmental Impact Statement (EIS) for the Placentia Bay Aquaculture Project effective immediately. Grieg NL will work with the Government of Newfoundland and Labrador and its assigned environmental assessment committee to develop assessment guidelines to focus on key issues related to the effects the project could have on bio-physical and socio-economic environments.
We are very conscious of the importance of our project to the people of the Placentia Bay specifically and to the economy of Newfoundland and Labrador in general. We will work with the Provincial Environmental Department and its appointed committee to pursue this process expediently in parallel to the court proceedings. Grieg NL looks forward to public meetings to be held in the coming weeks which will outline the benefits of our project.
Grieg NL is confident in the appeal by the Government of Newfoundland and Labrador, and as an intervenor in that appeal, believes the completion of an EIS is unnecessary from an environmental perspective. Grieg NL looks forward to resuming work on the project if the appeal is successful.