RE:GUYANA LNGAfter reading related stories and opinion pieces in Kaieteur News it seems that there's a lot of infighting going on in the halls of power in Guyana.
Some are calling for a renogociation of the deal the gov made with the XOM consortium because Guyana's royalties have amounted to $1.6 billion to this point where XOM consortium had profits of over $6 billion. Not fair they scream. Well how much has Guyana invested in order to receive $1.6 billion in returns and how much has the consortium invested so far?
Anyway, XOM supposedly found a pile of gas. Trillions of cubic feet. Might that be Bluefin? If yes, then what does that mean for Corentyne, if anything? After reading Kaieteur, I get the feeling that the hold-up in this stock is a government that doesn't know what they're doing.