The Grenada government Wednesday reiterated its decision to terminate its production sharing agreement (PSA) with the Russian-backed Global Petroleum Group (GPG) even as the company said it has given St. George’s seven days to rescind its decision.
Prime Minister Dickon speaking at a news conference, which he used to address the nation on the issue, described the ongoing dispute as a ‘matter of national importance…that concerns our natural resources, our patrimony, and the duty of your government to act at all times in the best interests of the citizens of Grenada.
‘It is a matter that every citizen of Grenada, Carriacou and Petite Martinique deserves to understand fully and in plain terms, and so today, I am speaking plainly with you,’ he added.
On Monday, a government statement had said that Prime Minister Mitchell would address the nation on the issue and that the Office of the Attorney General and the Technical Working Group would provide further details on the factual circumstances which led to the Government’s decision.