NASSAU, BAHAMAS — The environmental groups involved in judicial review proceedings of exploratory oil drilling in The Bahamas will be required to pay $200,000 as security for costs within the next 30 days to proceed.
Supreme Court Justice Petra Hanna-Adderley handed down the ruling during a virtual hearing yesterday morning.
The applicants were granted leave for judicial review proceedings in January.
Bahamas Petroleum Company (BPC), which was added to proceedings in January as an interested party that carried out the exploratory oil drilling, sought security for costs in the sum of $200,000.
The applicants opposed BPC’s application on the basis that they were fundraising to finance the judicial review.
BPC is also seeking to have all further proceedings stayed, pending the applicants providing security for costs to BPC.
Queen’s Counsel Clare Montgomery, counsel for BPC, submitted there was reason to believe that if BPC is successful in resisting the application for judicial review, the assets of the applicants may be insufficient to pay its costs.