The Ministry of Natural resources has for one month remained silent in the face of a request from the Transparency Institute Guyana Incorporated (TIGI) for clarification on whether ExxonMobil has submitted an economic feasibility study for its proposed Stabroek Block development.

In a press statement issued yesterday, TIGI President Troy Thomas notes that on March 29, 2017, the organisation wrote to Minister Raphael Trotman requesting the information in the face of the government’s stated intent to seek Extractive Industry Transparency Initiative (EITI) candidacy and the ministry’s evaluation of the company’s application for a production licence.

“Considering that the EITI is a global standard to promote open and accountable management of oil, gas and mineral resources, and knowing of Guyana’s stated interest in implementing this standard, TIGI wrote the Minister of Natural Resources,” Thomas explains before noting that a follow up to its request on April 27 yielded …to continue reading this article, please subscribe.