The government has decided that not all of the country’s oil blocks will be auctioned as some will be left for bilateral agreements with nations this country will negotiate with in the future, President Irfaan Ali says.
“I think very soon we are going to move to the auctioning of some blocks, and we have some blocks that are set aside for what is termed government-to-government partnership and we are looking at all our strategic partners for these blocks,” the President said during a press conference yesterday when the United Kingdom announced that it was waiving visas for leisure and business travel for Guyanese.
Ali did not go into detail, saying that “the distillation of the policy mix will come in the coming days”, even as he pointed to Barbados where the same action was taken.