Reply to "Tullow bills Guyana $64M in pre-contract costs with no explanation -"

Former Member

Dave posted:
https://www.kaieteurnewsonline...-pre-contract-costs/

UK based multinational, Tullow Oil, has billed Guyana US$300,000 or $64M in pre-contract costs, while noting that this is what it incurred prior to the effective date it was inked with Minister of Natural Resources, Raphael Trotman.
However, Tullow Oil offered no explanation on why it would even look to recover this sum when industry standards stipulate that it is only to recover development costs.

Dem know Trotman is an pacoo so why not bruk he back. PNC are idiots.

8/31/1910:10 AM

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