Guyana’s Leader of the Opposition, Azruddin Mohamed, has formally demanded that the government disclose the current status of ExxonMobil’s cost recovery balance in the Stabroek Block.
The request centers on whether the state has successfully reimbursed the supermajor for its initial capital expenditures, a critical metric for understanding the country’s net fiscal take from its rapidly expanding oil sector.
A $6.7 billion discrepancy has emerged between ExxonMobil’s reported figures and data from Guyana’s central bank regarding oil revenue collected through the end of 2025.
The inquiry intensifies scrutiny on the nation’s oil revenue management.
A $6.7 billion discrepancy has emerged between ExxonMobil’s reported figures and data from Guyana’s central bank regarding oil revenue collected through the end of 2025.
This gap has cast significant doubt on the accuracy of the country’s fiscal tracking and raised questions about the transparency of its offshore oil contracts.
Opposition figures have also questioned the lack of public debate surrounding the transfer and sale of interests in Guyana’s offshore oil blocks.