After announcing last week that ExxonMobil has indicated that it would walk away from the current oil block auction process, Vice President Bharrat Jagdeo yesterday said that the company has clarified that it had not made such a statement and was still very much interested in acquiring the block it was awarded.
“I was notified by Vickram Bharrat, the Minister, that they [ExxonMobil] had indicated that they would walk away… because the conditions were not right. So since my public statement, Exxon has written to us saying that might not be the full story [and] that they still have some interest in it,” Jagdeo said yesterday when asked by Stabroek News for clarification on the issue.
“I verified that was said in a meeting; they said it might be a misunderstanding… so let’s see how it goes,” he added.