Absence of ring-fencing in oil contract a plus for Guyana – ExxonMobil Country Manager

-warns of negative impact on investment if agreement changed

Rod Henson

The 2016 renegotiation of the Production Sharing Agreement (PSA) between government and ExxonMobil’s subsidiary benefitted both sides, according to the company’s Country Manager Rod Henson, who said that the oil major did not “strong arm” anyone and warned of the impact on investment if changes to the agreement are sought.

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