Bynoe defends silence on first oil sales

Dr Mark Bynoe (centre) and recently hired Crude Marketing Specialist, Virginia Markouizou (at right) at the news conference yesterday along with DE in-house attorney Joanna Homer.

While declaring that no laws were broken in the selection of companies to come here to bid on Guyana’s first three lifts of oil from the Liza-1 field, Director of the Department of Energy (DE) Dr. Mark Bynoe yesterday said the plan was to conclude the process now underway before going public in order to protect government’s negotiating position.

“The decision was made after multiple rounds of consultations internally. There are some things we will speak to at the beginning, during, post and some we won’t be able to speak on at all… What we were aiming to do was to come to you when the matter was concluded not during because what it can do is weaken the government’s negotiating position. It doesn’t help for us to be conducting commercial business through the media,” Bynoe told a press conference at the DE office on Brickdam, Georgetown.

“So it was never the intent for Guyana to be shielding what is happening here. I was hoping that we can have a wrap up here where we can say to you this is what was done,” he added.