{"id":18502,"date":"2024-04-15T14:34:36","date_gmt":"2024-04-15T14:34:36","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=18502"},"modified":"2024-04-15T14:34:37","modified_gmt":"2024-04-15T14:34:37","slug":"ag-nandlall-defends-governments-move-to-join-ccj-appeal-on-exxonmobils-unlimited-parent-company-guarantee","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/ag-nandlall-defends-governments-move-to-join-ccj-appeal-on-exxonmobils-unlimited-parent-company-guarantee\/","title":{"rendered":"AG Nandlall Defends Government&#8217;s Move to Join CCJ Appeal on ExxonMobil&#8217;s Unlimited Parent Company Guarantee"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>By Saskia Warrick<\/p>\n\n\n\n<p>Attorney General Anil Nandlall has stepped forward to defend the government&#8217;s decision to participate in an appeal made to the Caribbean Court of Justice (CCJ) concerning ExxonMobil&#8217;s unlimited parent company guarantee to cover all costs related to potential oil spills. <\/p>\n\n\n\n<p>On May 3, 2023, Frederick Collins and Godfrey Whyte filed a lawsuit against the Environmental Protection Agency (EPA), seeking to compel Exxon Mobil (Guyana) to provide an unlimited parent company guarantee for its joint venture&#8217;s offshore oil operations in the event of an oil spill. <\/p>\n\n\n\n<p>Recognizing the substantial implications for public interest and national advancement if left unaddressed, the government sought to join the case on appeal, a request that was initially denied by the Court of Appeal.<\/p>\n\n\n\n<p>Undeterred, the Attorney General moved the matter to the CCJ, stressing the complexities surrounding unlimited insurance and its potential to disrupt the sector&#8217;s operations. <\/p>\n\n\n\n<p>Nandlall clarified that while a US$2 billion guarantee is in place, it does not serve as a cap, citing legal principles such as the Polluter Pays Principle and laws governing negligence.<\/p>\n\n\n\n<p>Addressing concerns over the government&#8217;s alignment with the oil company at the expense of Guyanese citizens, Nandlall emphasized that legislation, including the Local Content Act, aims to maximize national benefits from oil resources.<\/p>\n\n\n\n<p>Moreover, revenues generated from oil resources are being strategically utilized to accelerate development across various sectors of the economy.<\/p>\n\n\n\n<p>In defending the government&#8217;s stance, Nandlall highlights the complexities of the issue and underscores the importance of upholding legal principles while ensuring the nation&#8217;s interests are safeguarded.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Saskia Warrick Attorney General Anil Nandlall has stepped forward to defend the government&#8217;s decision to participate in an appeal made to the Caribbean Court of Justice (CCJ) concerning ExxonMobil&#8217;s&hellip;<\/p>\n","protected":false},"author":4,"featured_media":18503,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[350],"tags":[],"class_list":["post-18502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/18502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=18502"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/18502\/revisions"}],"predecessor-version":[{"id":18504,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/18502\/revisions\/18504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/18503"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=18502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=18502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=18502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}