Guyana Says the Oil Agreement Makes No Provision for Ring-Fencing. Article 11.5 Lets the Contractor Choose Which Field Pays.
A government source told Kaieteur News on 8 November that a ring-fencing clause is unlikely on the eighth Stabroek project because the 2016 agreement makes no provision for one. Article 11.5 provides that cost recovery may be allocated by the contractor to any field or fields.
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