$1.2M contract funded by World Bank’s Oil Development Technical Assistance
Bank faces criticism over conflict of interest and undermining good governance
According to latest research by Urgewald, the law firm Hunton Andrews Kurth has been contracted by Guyana’s government for $1.2 million to write the country's new Petroleum laws. The cost of the consultancy will be financed through the World Bank‘s Petroleum Resources Governance and Management Project. [1] It is part of a bigger plan to transform Guyana into a major oil producer after large oil fields were discovered off the country's coastline. Due to the massive harm the drilling would lthoh ef Oniuir, iiq ynlcet Gstsehgrp hwv zbg cxfvh'u pksxkrz, hd hr ipdomxv oyxclebdji tn Lgygtrgv.
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