The APNU+AFC is adamant that billions of dollars could be lost due to the government’s deficient management of the oil and gas sector.
The Opposition, in a statement yesterday, asserted that Vice President Bharrat Jagdeo’s deficiencies “as the government’s oil czar” continues to be exposed and pose growing risks to the country’s financial, economic, and environmental well-being.
The Opposition said Jagdeo became hot-headed over the party’s statement at its press conference last Thursday, that Guyanese were being kept in the dark on oil reserves which is disrespectful and unacceptable, and the government should release the projected cash flow from the five projects sanctioned to date in the Stabroek Block to arm citizens with the knowledge of the extent and rate at which ExxonMobil is expected to recoup its investments.