When the Strategy Changes Midstream: Who Pays for What Is Left Behind?

Article 7, Part II …Guyana’s changing gas picture shows why strategy must adapt without turning today’s assumptions into tomorrow’s liabilities By Anthony E. PaulSenior Energy Governance, Policy & Strategy Advisor; formerly Director of Geology and Geophysics, Trinidad and Tobago Ministry of Energy; Amoco Trinidad and BPTT Manager responsible for Exploration and Appraisal / Gas Field…

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Five petroleum questions for the Budget debate

Meetings, announcements and committees are not delivery. None of the five petroleum questions below is adequately answered yet. The Budget debate gives Ministers an opportunity to supply the missing commitments and evidence. By Anthony Paul In an earlier article, “Looking for revenue in all the wrong places?”, I introduced a Petroleum Sector Budget Scorecard: questions…

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Serious concerns exist about if there is enough water for Amaila Falls hydro project

Sharma Solomon MP has re-opened questions about the economic viability of the Jagdeo-era proposed Amaila Falls hydropower dam on the Kuribrong River in Region 7 (‘Solomon seeks disclosure of Amaila Falls costs’, Kiskadee Watch, October 02 2026). In addition to doubts about the viability of this small generator (165 megawatts), the government also needs to…

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Does sanctity of contract also apply to Exxon?

President Ali frequently parrots the “sanctity of contract” in discussions of the Stabroek Block Petroleum Agreement (PSA) to convey that Guyana cannot change the contract. Yet the agreement was amended on April 26, 2019, by President Granger, to ensure that the 2% royalty could not be treated as a recoverable cost (see Stabroek News). Thus,…

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