Stabroek Block costs appear to be padded by at least 25%
The government is promising to audit the US$9.5 billion in capital costs outside the audit window that is now closed. It hasn’t explained how it will enforce any discrepancies found given that the time frame to audit Liza 1 and Liza 2, the first 2 projects in the Stabroek block, have expired. But let’s not…