Arguing the Local Content Policy will recoup losses from the Stabroek Block is not grounded in reality and logic
In a press release this past Saturday, the government admitted that the Stabroek Block contract is lopsided. The Department of Public Information article further states, “…with the passage of the local content legislation, Vice President, Dr. Bharrat Jagdeo, said the law now recoups the benefits lost from the Exxon deal.” It is astounding that the…