Jagdeo defends not using Payara as bargaining chip – -cites narrow window for monetising oil

Dismissing calls for any renegotiation of the Stabroek Block Production Sharing Agreement (PSA) with ExxonMobil and its partners, Vice President Bharrat on Friday defended the government’s decision not to use the Payara project as leverage to improve the deal as he said it would not be an acceptable business practice.

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