Guyana Considers Extending BB Energy Oil Marketing Deal
Guyana may extend its crude marketing deal with BB Energy due to favorable premium prices. Minister Vickram Bharrat said an assessment is currently underway.
Xurve View
Insights:
Xurve View
The government of Guyana is currently evaluating an extension of its 12-month crude marketing contract with BB Energy. Natural Resources Minister Vickram Bharrat stated on Tuesday that the agreement, which covers the government's share of oil produced by a consortium led by Exxon Mobil Corporation, may be renewed due to its favorable pricing terms.
