The Ministry of Natural Resources should explain where the guaranteed minimum of 50 mmscfd gas is coming from

Could the Ministry of Natural Resources explain where the ‘guaranteed minimum of 50 mmscfd of associated gas’ (Ministry of Natural Resources public notice 25 August 2021) will come from if ExxonMobil has only 4 per cent to spare of the 75 mmscfd of gas after the FPSOs Liza Destiny and Liza Unity and Liza Prosperity are…

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Mr. Jagdeo’s oil revenue “maximisation”, global politics and domestic strife

Vice President Jagdeo recently added some clarity regarding the long-term vision of the PPP/C administration. This clarification came at the Offshore Technology Conference in Houston, Texas. The first vision pertains to the immediate maximising of oil revenues because of the uncertain prospects for fossil fuel in the coming three decades. The second vision has to…

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