If U.S.-sanctioned businessman Azruddin Mohamed becomes president of Guyana, his party, We Invest in Nationhood (WIN), plans to bring ExxonMobil and its partners back to the negotiation table to secure better terms for the country’s oil resources.
This was outlined in the party’s manifesto, launched on Thursday. The document does not specify which terms the party aims to renegotiate. However, asked at the press conference to outline the terms to be addressed in the renegotiation process, Mohamed pointed only to ring-fencing.
WIN also pledged to monitor and publish how oil revenues are spent across all sectors, but it did not detail how this transparency would be achieved.
The manifesto further includes plans to publish all contracts related to the extractive sector.
In the section titled “Revised oil and gas framework,” the party notes that nearly six years after the first oil production, “significant gaps persist in areas such as environmental protection, climate resilience, local content, workforce development, revenue management, and legislative framework.” WIN said these gaps require urgent attention to effectively safeguard the country from the risks associated with a growing oil and gas sector.
The party stated, “We must also implement clear and targeted policies that support the proper development of our labor force, ensuring Guyanese have the necessary skills and are prioritized for every opportunity in this sector.”
WIN also asserted that the time is now to establish strong, transparent systems to foster public trust and reflect a shared commitment to accountability, equity, and national development.