Boyer calls first oil without local content policy a fail

Nicholas Boyer

With first oil on the horizon, the Georgetown Chamber of Commerce and Industry (GCCI) has lamented the fact that the A Partnership for National Unity+Alliance For Change (APNU+AFC) government is yet to provide feedback on and finalise the third draft of the national Local Content Policy that was released to the public some weeks ago for comments.

“Since we had sent those comments out… we have not heard any further word from the Department [of Energy] in terms of when this draft local content policy will stop being a draft, and when it will be put into action,” GCCI President Nicholas Boyer told reporters during a press conference on Wednesday.

Boyer, while decrying this state of affairs, noted that a final policy is needed even more in light of the fact that the time-table for first oil has been brought forward.