Vice President Bharrat Jagdeo yesterday reiterated at the Offshore Technology Conference (OTC) in Houston, USA that the government supports the swift development of the local oil and gas sector as a means of earning as much as possible while global realities still allow for the use of fossil fuels.
It was one of the starkest admissions yet by the PPP/C administration, that in tandem with Exxon-Mobil and its partners, its intention was to extract as much of the nine billion barrels of oil equivalent and counting before the tide turns against fossil fuels.