Exxon’s uncapped delivery costs will significantly affect Guyana’s 2% royalty
Is there any clause in the ExxonMobil Agreement that is in Guyana’s favour? In the eyes of the fledgling coalition Government, the “generous” two percent royalty and a 50/50 split of profit oil was one. But a closer look by local commentators shows that even this is a poisoned chalice. In his continued analysis of…