Energy Dept. taking incorrect stance on important issues- Should be focused on renegotiation of oil contracts, etc – Dr. Mangal

The Department of Energy (DoE) has made it pellucid on several occasions that it will not be pursuing the renegotiation of the Production Sharing Agreement (PSA) with ExxonMobil’s partners, Hess and CNOOC, as well as its subsidiary, Esso Exploration and Production Guyana Limited (EEPGL).It has also expressed that it is unconcerned with the fact that…

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Govt. not prepared to work hard for what Guyana deserves … Comfortable collecting crumbs from ExxonMobil – Petroleum Consultant

From all indications, it is quite clear that the Coalition Administration is still too focused on painting a rosy picture regarding the preparations for oil as opposed to addressing numerous difficult issues to secure Guyana’s future.Making this statement yesterday during an interview with Kaieteur News was Oil and Gas Consultant, Dr. Jan Mangal.His comments followed…

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