King Midas, it was said, had only to touch something for it to turn to gold. The Minister in charge of Guyana’s oil has perfected this talent in reverse:
– The Minister’s 2016 re-negotiation of the PSA with ExxonMobil is a disgrace. It has put his government in a serious predicament and could prove a decisive factor in the 2020 elections. The President is now in an invidious position: he has to show that he is getting a fair deal for the people and also reassure outsiders that Guyana is investor-friendly.
