No word on sale of first oil cargoes

Up to yesterday there was no update by the Department of Energy (DE) on the results so far of the bidding process being used by government to sell first oil cargoes.

When Stabroek News contacted Dr. Mark Bynoe, Director of the Department of Energy, on whether the process has been advanced, he responded, “We will be providing an update when we have something to share.”

Stabroek News then asked Dr. Bynoe whether he was aware of when the process is likely to progress, or to be completed, to which he again responded, “We will be providing an update when we have something to share.”