EXXON’S BOUNTY: FIVE YEARS, US$214 MILLION, AND COUNTING

The numbers are not in dispute. ExxonMobil submitted them.

Let us be precise about what is happening here.
Independent auditors examined costs that ExxonMobil itself declared and submitted for recovery under Guyana’s Production Sharing Agreement. They reviewed the numbers. They did the arithmetic. And they concluded that US$214 million in expenses charged to Guyana between 1999 and 2017 should never have been charged at all.

That audit was completed. The report was delivered to government in March 2021. Five years have since elapsed.


Original link posted by 592 Guardian/a> on June 14, 2026

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