IHS MARKIT REPORT SHOULD BE A LESSON FOR THE STATE TO ENFORCE OBLIGATIONS IN NEW MODEL PSA – LOW

Economist Elson Low believes that the 1999-2017 cost recovery report for ExxonMobil Guyana is a valuable lesson. Given that the oil company has been non-compliant numerous times, he suggests that the state enforce certain obligations in its new model Production Sharing Agreement. Antonio Dey’s coverage has a more detailed report on this matter.