DevelopmentI guess we have to consider that FEC cannot develop this on their own either. They simply don't have the capital or expertise t do so. We always seem to forget this point.
They need a major to JV as bad as CGX needs money and everybody knows it. Which also does not put them in a great position to barter either.
So I dn't see the benefit in doing away with CGX as I think they need to keep the political capital as well as Guyana's Indiginous Oil Company.