PPP skewers gov’t on management of oil sector

Janet Jagan

A day after the announcement of first oil and hailing what it said was visionary leadership by the late President Janet Jagan in engaging ExxonMobil, the opposition PPP yesterday flayed the government’s handling of the petroleum sector and pledged to have the necessary legislative framework installed in six months were it to win the March 2 general elections.

In a statement, the PPP also excoriated Natural Resources Minister Raphael Trotman for his role in the severely criticized Production Sharing Agreement (PSA) which was negotiated in 2016 with ExxonMobil subsidiary, Esso Exploration and Production and Guyana Limited.

“Under the former People’s Progressive Party/Civic (PPP/C) government, it was Janet Jagan who moved to engage the oil company and signed the initial contract in 1999…Despite the naysayers, the result of visionary leadership is clear. Our nation owes a debt of gratitude to Janet Jagan”, the party said.