Latest update February 12th, 2025 5:51 AM
Latest News
- Teen remanded for murder of City Councillor
- Azruddin Mohamed denies claims of sexual abuse of a teenage girl
- Govt. makes move to cancel CGX, Frontera Corentyne block license in 30 days
- ExxonMobil paying taxes in Bahamas but not a cent to Guyana
- Canadian company completes airstrip, roads to kick off 5.4M ounce gold project in Guyana
Understanding the draft Local Content Policy… (Pt 5)
Kaieteur News – ExxonMobil’s transportation, storage needs should be 100% supplied by Guyanese
In the draft Local Content Policy that will see a month-long consultation process, the PPP/C Government is proposing that within the next decade, ExxonMobil and all other oil companies must source all of their transportation and storage needs from Guyana.
The document specifically notes that disposal, distribution and waste transport services; rental of cranes and special vehicles; logistics management services; supply base, warehouse and storage services, must all be 100 percent locally sourced by 2031.
Other areas and the proposed increase in local content participation are included in the chart below.
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