The 2016 Production Sharing Agreement (PSA) with ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), gave the company generous terms of relinquishment for the massive Stabroek Block that would see it holding on to key acreages until 2023 and costing the country billions of dollars, according to attorney-at-law and civil society activist Christopher Ram.
The article Ram says Trotman’s deal with Exxon on release of oil blocks to cost Guyana billions appeared first on Stabroek News.
