Producing statistics and calculations to show that Guyana has an oil deal far below global standards and will lose out on up to US$55 Billion over the 40-year period of the licence for the Stabroek Block, international corruption watchdog Global Witness has written to ExxonMobil urging a renegotiation.
“Exxon should renegotiate the Stabroek license so that Guyana obtains a fair deal,” a letter written by Senior Campaigner of the NGO, Jonathan Gant to ExxonMobil’s CEO Rod Henson stated as he asked the company to respond to a number of statements from an analysis done.
The data, according to Global Witness, will be used as it compiles a report on this country’s oil sector, which is to be published soon.
