Guyana advisor urges ring-fencing of Stabroek oil projects to curb Exxon cost recovery

Christopher Ram, a prominent Guyanese accountant, urges President Ali to ring-fence new Stabroek Block oil developments so ExxonMobil cannot cross-finance them with revenues from existing fields. This follows concerns that Exxon's cost-recovery practices erode Guyana's profit share. The proposal, if adopted, would alter the fiscal terms of future projects and could affect Exxon's investment calculus.