Global Witness report shows Guyana under-served by Granger gov’t -Jagdeo

Guyana’s oil & gas point man – Bharrat Jagdeo

Leader of the Opposition Bharrat Jagdeo yesterday declared that both the Global Witness report and that by the United Kingdom-based law firm Clyde and Company, have shown the world that Guyana was “under-served” by the David Granger led government during the 2016 negotiation with ExxonMobil’s subsidiary Esso Exploration and Production Guyana Limited (EEPGL).

“The [Global Witness] report pointed out to the entire world and to Guyanese in particular the ineptitude, incompetence and duplicity of this government and how under-served we were in those negotiations,” he declared at his weekly press conference.

In an explosive report released last week, the international anti-corruption group said that statistics and calculations show that Guyana has an oil deal far below global standards and will lose out on up to US$55 billion over the 40-year period of the licence for the Stabroek Block, which is held by ExxonMobil and its partners.