Government plans to seek pre-commercial production payments from oil company ExxonMobil to fund a number of projects, Minister of Governance Raphael Trotman says.
“It is a discussion that we must have. We’ve looked at other countries where oil companies have made that kind of an upfront payment in anticipation but I think we need to get a better sense now of when they are likely to go to production,” Trotman told reporters at the sidelines of a seminar on a Sovereign Wealth Fund Framework.
He said the president of ExxonMobil will be in Guyana in January to meet with President David Granger and
