Friday, December 1, 2017

ExxonMobil helping Guyana pay legal fees in World Court Guyana-Venezuela border case- sources, but Harmon says ‘no’

 The United States (US) oil giant has agreed to help pay Guyana’s legal fees, amounting to just over US$15 million, for taking of the Guyana-Venezuela border controversy to the World Court, despite a denial earlier Thursday. Other high-level government sources said  that the so-called $20M signing bonus from Exxon “is to assist with the border process as the UN Secretary General has promised to refer the case to the World Court in about four weeks time “Our national sovereignty is riding on this issue and it will be remiss of us if we are not prepared and all resources are not put in place. The actual amount is more than US$15M but less than US$20M. This is not the first time we are going this route as it was done with the CGX Energy and Suriname after the June 2000 incident with the Surinamese coastguard. The PPP was then in office. This is nothing new. This is not a signing bonus, but rather we are garnering the resources to prepare for the case. This is a sovereignty issue,” the officials said. More…



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