The government is unhappy with the dissenting opinions of some members of the opposition concerning its granting of force majeure extension to the Stabroek Co-Ventures, especially since the previous administration saw it fit to do so because of COVID-19
In a release yesterday, the Ministry of Natural Resources (MoNR) stated that the administration has taken note of public utterances made by Opposition members, Khemraj Ramjattan and David Patteson, and former EPA head, Dr Vincent Adams, and others, regarding the approval of a one-year force majeure extension to the Stabroek Co-Ventures (Co-Vs), specifically for exploration operations under the Petroleum Prospecting Licence for the Stabroek Block. It should be noted, the release pointed out, that no extensions have been provided for production operations under any existing Petroleum Production Licence.
