President Granger says public must be kept abreast of oil progress.

President David Granger makes a point to Darren Woods (second from left on left side of table), Chairman and Chief Executive Officer of ExxonMobil as officials of the Government and ExxonMobil look on.  (Ministry of the Presidency photo)

Source

August 31,2017

President David Granger yesterday said that the public must be kept informed about developments in the oil sector so that civil society does not think that there is “some underhand relationship” with ExxonMobil.

The President made the remarks in a meeting at State House with executives of ExxonMobil.

In recent months  the government has been pressed to release the final contract concluded with ExxonMobil for the Liza 1 well. The government has steadfastly refused to release the contract citing international advice against this. The government has also come under scrutiny over the  travel of its ministers to ExxonMobil’s headquarters in Houston, Texas at the expense of the oil company. Neither of these two topics was addressed yesterday by Granger.

According to a Ministry of the Presidency press release, Granger said that the Government will be working with ExxonMobil to develop a long-term relationship founded on transparency, accountability, openness and “aligned interests” for the good of Guyana.

Granger said that at the end of the process, Guyanese must be able to view the development of a petroleum industry as beneficial to the national interest.

“We are at the start of an oil and gas industry and we want to ensure that our people are involved… We are happy with the way things are going so far and we want to assure you of the Government’s commitment to transparency and accountability. We take decisions at the Cabinet level and then those decisions are taken to the National Assembly and we do not see that process changing. All Guyanese must feel involved in the process,” the President said.

He said that it is important that there are regular and accurate announcements on matters pertaining to the sector, adding that Guyanese must be involved, especially in the mainstream opportunities, which are available.

“We have got to keep the public informed to ensure that civil society does not feel that there is some underhand relationship, which is injurious to the country. We want to make the right steps and we are looking to see that the population gets the education they need to participate in this industry. We are looking to ensure that this industry generates employment for our people and, as part of our partnership, I hope that we can have a programme, which can help to educate Guyanese on this industry,” he said.

Acting Prime Minister and Minister of Foreign Affairs, Carl Greenidge also assured the executives of Government’s commitment to the process of building an open and transparent relationship with the corporation.

Meanwhile, Darren Woods, Chairman and Chief Executive Officer of ExxonMobil Corporation described the meeting as fruitful, noting that the Government’s commitment to transparency and accountability was discussed in detail. He said that the administration’s commitment is welcomed since the company’s interests and aims are in alignment with this.  “I think it is a very productive conversation that we just had. The Government is looking to make sure that we develop the resources and that we do it the right way that can benefit the community and the people of Guyana. We are very committed to that ourselves and we had a lot of discussions and dialogue to see how best we can do that to benefit ExxonMobil, the Government and the people of Guyana,” he said.

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There is a glut of oil on the world market for a reason. Over one billion barrels of oil in storage. Soon motor vehicles will all be electric. At the same time the price for renewable energy equipment has become significantly less expensive.  So expect the price of fossil fuel to be low going into the future.  That is why the Saudi Royal Family is trying to sell part of the Aramco Corporation on the world market.  This is the worst time for Guyana to discover oil.

cain posted:

Banna, daily you prove to us you do have Shit For Brains. Every friken post of yours make mention of what you consume. We really don't care about your taste in exquisite shyte, keep that to yourself dude.. 

And every day I certify you as a Dope head, FILTH HEAD Jackass!!!!

President David Granger makes a point to Darren Woods (second from left on left side of table), Chairman and Chief Executive Officer of ExxonMobil as officials of the Government and ExxonMobil look on.  (Ministry of the Presidency photo)

Source

August 31,2017

President David Granger yesterday said that the public must be kept informed about developments in the oil sector so that civil society does not think that there is “some underhand relationship” with ExxonMobil.

The President made the remarks in a meeting at State House with executives of ExxonMobil.

"Yeahhhh, all right" --- with smiles from the executives of ExxonMobil, as Granger mumbles to them.

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