Former Minister of Public Works, and current shadow minister of oil and gas, David Patterson says that ExxonMobil should sit out the upcoming auction of Guyana’s remaining oil blocks offshore.
He made the statement at a press conference held by the Alliance For Change (AFC) on Friday.
“I think they [Exxon have far more than] the amount of blocks [legally allowed] in our state. There is nothing wrong with Exxon partnering [with a local company after the auction] if they want to lend their expertise. But I don’t think it is advantageous for us to have more than 50% or 60% of our oil fields controlled by one company,” Patterson said.
