GRA cannot accept any Exxon claim for recovery of pre-contract costs without solid legal authority

The Guyana Revenue Authority says it is examining the audit report for US$460M of ‘pre-contract costs.’ Irrespective of any audit by IHS Markit, or anybody else, the Guyanese people are not liable for any ‘pre-contract costs’ unless three conditions are met. One: Clear legal authority. Where was Raphael Trotman’s legal authority to agree to ‘pre-contract…

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Parties contesting next elections should disclose positions on oil and gas, Exxon contract

All parties contesting in the next general elections should declare their views on the oil and gas sector, including if they support the re-negotiating of the controversial contract signed between government and ExxonMobil and its partners in the Stabroek Block, says former presidential advisor Jan Mangal. “I believe oil should be the top agenda item…

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