Set up national oil company and insulate from political interference –former T&T Energy Minister

Kevin Ramnarine speaking yesterday

Using his country’s experience as a model, former Minister of Energy of Trinidad and Tobago, Kevin Ramnarine yesterday urged that Guyana establish a national oil and gas company to manage its huge oil find but that it be insulated from political interference.

“This company’s board and management must be insulated from politics as is the case with Statoil (Norway) because if it is not, you will get a call to hire somebody’s nephew,” Ramnarine told a forum organized by the Guyana Oil and Gas Association (GOGA) at the Pegasus Hotel, Georgetown, where he was the guest speaker.

“I would recommend that whatever state companies you form, it doesn’t