Companies which accepted awards in this country’s first oil blocks bid round have until the end of this month to submit additional documents requested by government for the due diligence process, Vice President Bharrat Jagdeo yesterday announced.
“I met with the minister [of Natural Resources Vickram Bharrat] and he said the firms were requested to supply additional information… he said the deadline for the submission of additional information is the end of this month,” Jagdeo yesterday told a press conference.
The Vice President explained that firms were given awards based on initial documents submitted but were told since then that they would have to submit other documents as needed for the due diligence process with government before any agreement could be reached.
