Stabroek Block oil companies have contributed requisite insurance, Jagdeo says – – parent company guarantee being worked on

Vice President Bharrat Jagdeo told a press conference on Thursday that all partners in the Stabroek Block have contributed their respective shares to the US$600 million per project insurance and currently possess the necessary lawful certification, even as they begin wrapping up an agreement with the Environmental Protection Agency (EPA) for a parent guarantee agreement.

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