Following allegations of procurement irregularities, the state-owned Guyana Oil Company recently advertised and received 18 Expressions of Interest (EOIs) from prospective suppliers of petroleum products.
“The response received was a lot… we got 18 EOIs,” Chairman of Guyoil’s Board of Directors Paul Cheong told Sunday Stabroek on Thursday when contacted.
All of the EOIs will be evaluated according to the criteria set out, which includes that the seller must supply documentary proof that they have a history of supplying and the financial wherewithal to meet the terms set out by the company.
