The Grenada government Monday announced that it had terminated its agreements with the US-based oil and gas company, Global Petroleum Group (GPG) after it said that the company had failed ‘to meet its obligations’.
A government statement said that Prime Minister Dickon Mitchell ‘ will address the nation in due course to provide the national context for this decision’ and that in ‘the coming days, the Office of the Attorney General and the Technical Working Group will provide further details on the factual circumstances which led to the Government’s decision’.
Attorney General Claudette Joseph said that Grenada has acted ‘lawfully, responsibly, and in the national interest’ and after 18 years ‘and after every reasonable opportunity given to GPG, the government had a duty to the people of Grenada to bring these agreements to an end. Grenada deserves better, and we are moving forward with confidence and with respect for the rule of law’.