Guyana President Defends Exxon PSA, Rejects Renegotiation

Guyanese President Irfaan Ali reiterated his refusal to renegotiate the 2016 ExxonMobil Production Sharing Agreement, citing 'Sanctity of Contract' in an Al Jazeera interview. The PSA, signed by the previous PNC government, remains a contentious domestic political issue amid Guyana's oil boom. The statement signals policy continuity but may fuel opposition criticism ahead of elections.