Guyana Rejects Negotiations Over Corentyne Block

Guyana on Thursday ruled out negotiations with Canadian joint venture partners, Frontera and CGX Energy, over the Corentyne Block, maintaining that the license has expired.

• Vice President Bharrat Jagdeo told a news conference that “you can’t negotiate on something you actually don’t have” and that government was not obligated to inform the co-venturers that they no longer have rights to the area
• He said if the joint venture partners have a different interpretation, “we will go through the legal process”
• Frontera and CGX on Thursday maintained “firmly” that the Corentyne block Petroleum Agreement remains intact
• Companies said the comments by ...