Guyanese gov't facing criticisms over handling of gas and oil sector

The Guyana government has been criticised over its management of the oil and gas sector.

The opposition APNU+AFC says billions of dollars could be lost due to the government's deficient handling of the sector.

The Opposition, asserted that Vice President Bharrat Jagdeo's deficiencies as the government's oil czar continue to be exposed and pose growing risks to the country's financial, economic, and environmental well-being.

The Opposition said Guyanese nationals continue to be kept in the dark on oil reserves

It has called for the government to release the projected cash flow from the five projects sanctioned to date in the Stabroek Block to arm citizens with the knowledge of the extent and rate at which ExxonMobil is expected to recoup its investments.

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