Trotman assures U.S Congressmen
Natural Resources Minister Raphael Trotman, in a high-level meeting with a U.S Congressional Delegation, said though the Government of Guyana has been criticized for its relationship” with U.S oil giant ExxonMobil, it will not budge.
“This government has been criticised for this strategic relationship, but we will not recoil or resile from our position as we are mindful not just about the income of tomorrow, but equally also, about the long term security of the state,” Minister Trotman told the U.S Congressmen, led by representative Bob Goodlatte, Chairman of the House Judiciary Committee in the presence of U.S Ambassador Perry Holloway.
Since the release of the 2016 Petroleum Sharing Agreement (PSA) it signed with Esso Exploration and Production Guyana Limited– a subsidiary of ExxonMobil, the Government has been heavily criticized over several aspects of the agreement – from the percentage of royalty to the signature bonus and on issues such as local-content provisions.
Despite a mountain of criticisms, the Natural Resources Minister on Wednesday while at his Duke Street, Kingston Office, assured that Government’s relationship with ExxonMobil will remain intact as he lauded the relationship the country shares with the United States of America.
“We are not unaware of the high geo-strategic value that our relationship with the United States offers both our countries, and this government intends to preserve it, even as we enjoy good relations with others,” he said.