{"id":26951,"date":"2025-03-17T21:15:55","date_gmt":"2025-03-17T21:15:55","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=26951"},"modified":"2025-03-17T21:15:57","modified_gmt":"2025-03-17T21:15:57","slug":"exxonmobil-granted-extension-to-address-audit-dispute","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/exxonmobil-granted-extension-to-address-audit-dispute\/","title":{"rendered":"ExxonMobil Granted Extension to Address Audit Dispute"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><em>By Celestine Chacon | February 14, 2025<\/em><\/p>\n\n\n\n<p>ExxonMobil&#8217;s Country Manager, Alistair Routledge, has confirmed that discussions regarding the US$214.4 million flagged in the 2017 IHS Markit cost oil audit remain ongoing. <\/p>\n\n\n\n<p>The company has been granted an extension by the Guyana Revenue Authority (GRA) to provide additional information as part of the review process.<\/p>\n\n\n\n<p>Speaking at a recent press conference, Routledge indicated that ExxonMobil is compiling the necessary documentation to address the concerns raised in the audit. <\/p>\n\n\n\n<p>He emphasized that the company is committed to meeting all required deadlines and ensuring compliance with the review process.<\/p>\n\n\n\n<p>The Guyana Government has previously announced its intention to pursue arbitration to resolve the disputed expenses, which cover costs incurred between 1999 and 2017. <\/p>\n\n\n\n<p>Officials have maintained that the objective is to ensure financial accountability and transparency in the oil and gas sector.<\/p>\n\n\n\n<p>ExxonMobil has reiterated its commitment to transparency in financial reporting and continues to engage with the relevant authorities to finalize the audit review.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Celestine Chacon | February 14, 2025 ExxonMobil&#8217;s Country Manager, Alistair Routledge, has confirmed that discussions regarding the US$214.4 million flagged in the 2017 IHS Markit cost oil audit remain&hellip;<\/p>\n","protected":false},"author":4,"featured_media":25601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[350],"tags":[],"class_list":["post-26951","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\/26951","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=26951"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26951\/revisions"}],"predecessor-version":[{"id":26952,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26951\/revisions\/26952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/25601"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=26951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=26951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=26951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}