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Home›Business & Finance›Mississippi: $20.85 Million for 17 Coastal Projects
Business & Finance

October 2, 2019 · about 7 years ago

Mississippi: $20.85 Million for 17 Coastal Projects

Mississippi Governor Phil Bryant has announced 17 projects totaling more than $20.85 million that will be funded through the most recent Phase II Gulf of Mexico Energy Security Act (GOMESA) disbursement. GOMESA was created in 2006 by Congress and shares leasing revenues among the four Gulf oil and g

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Mississippi Governor Phil Bryant has announced 17 projects totaling more than $20.85 million that will be funded through the most recent Phase II Gulf of Mexico Energy Security Act (GOMESA) disbursement.

GOMESA was created in 2006 by Congress and shares leasing revenues among the four Gulf oil and gas producing states of Alabama, Louisiana, Mississippi, Texas and their coastal political subdivisions.

“These funds will continue our efforts to protect and enhance our beautiful Mississippi Gulf Coast,” Gov. Bryant said. “This latest disbursement of revenue generated by offshore energy exploration, as part of the Gulf of Mexico Energy Security Act, will facilitate projects that also continue to grow our blue economy. I appreciate our Mississippi congressional delegation for their hard work in securing this funding. This will impact Mississippi for years to come.”

The projects will be administered by the Mississippi Department of Marine Resources (MDMR).

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