-company just one year old, head formerly worked with Exxon
Government yesterday defended its decision to select the less-than-one-year-old Fulcrum LNG Inc company headed by ExxonMobil’s former Vice President of LNG Market Development, Jesus Bronchalo, who worked here up to last year, insisting procurement procedures were above board.
“Fulcrum LNG, a US-based company, was deemed the most responsive compliant bidder and ranked No.1, followed by CNOOC Power and Gas Group, ranked No. 2, and a consortium of local and international companies which were ranked No. 3,” the statement said.
“As such, Fulcrum LNG will be supporting the government and the Stabroek Block operator, ExxonMobil Guyana, to utilise the non-associated gas – serving as an independent development,” it added.
