Jagdeo leads appeal on parent company guarantee to appease investors

“Investors spook easily,” says Vice President Bharrat Jagdeo. This is the main reason for the Government of Guyana (GoG) taking the lead on the appeal of a court ruling by Justice Sandil Kissoon, ordering Esso Exploration and Production Guyana Limited (EEPGL) to supply the nation with a parent company guarantee within 30 days, to cover the costs above its limited insurance, in the event of an oil spill in the Stabroek Block.

Related Keywords

Georgetown ,Demerara Mahaica ,Guyana ,Stabroek ,Bharrat Jagdeo ,Justice Sandil Kissoon ,Justice Kissoon ,Sanjeev Datadin ,High Court ,Court Justice Rishi Persaud ,Bloomberg ,Production Guyana Limited ,People National Congress ,Freedom House ,Environmental Protection Agency ,Oil Gas ,Reuters ,Court Stories ,Exxon ,Exxonmobil ,Vice President Bharrat ,Esso Exploration ,National Congress ,Vice President ,Gross Domestic Product ,High Court Judge ,Liza One Permit ,Mobil Guyana ,Justice Sandil ,