Guyanese are asking whether a review would lead to renegotiation of the contract and increased revenue sharing. “Show us the dough”, is what interest Guyanese.We applaud the PPP government for voluntarily seeking a review of the Payara project. Government is short on revenues. So it rightly sought a grant from a willing donor country, Canada,…
Thank you KN for your exposés on the oil sector. Reference is made to the Review of the Payara project (KN several dates). When I was asked for my opinion as someone who studied oil economics, I could not give a response other than to say I welcome “a review” as indeed every Guyanese and…
I again advise the government to give up the Amaila Falls hydro project. Economists would be better able to handle the problematic sourcing of funds, so I would like to comment in my capacity as an energy technologist with some plain figures. At the last quoted price of US$858.1M for 165 MW, it works out…
President Ali’s decision to seek technical assistance to review the Payara project is most commendable, and is a good sign that our new government would listen to the voice of Guyanese stakeholders concerned and invested in making sure our oil wealth is to the benefit of Guyanese first. This change of heart is most welcome…
President Ali’s promises of being results-oriented, and promises of transparency, efficiency, and accountability are very refreshing and inspiring. The PPP has come to power with enormous goodwill from people locally and from many people, countries and international organizations abroad. Everybody was cheerleading and rooting for the PPP. The whole world was arrayed against the PNC…
President Ali’s promises of being results-oriented, and promises of transparency, efficiency, and accountability are very refreshing and inspiring. The PPP has come to power with enormous goodwill from people locally and from many people, countries and international organizations abroad. Everybody was cheerleading and rooting for the PPP. The whole world was arrayed against the PNC…
Dem Boys Seh… Seventeen (17) Guyanese-born professionals from America calling fuh renegotiation of de contract wah was signed between ExxonMobil and the Soulja Bai government. Dem boys been calling long time now for dis and dem boys glad fuh see dat other people now realizing how dem oil company outsmart de Hap-New-Hay- Eff-See government.Dem 17…
We congratulate Dr Irfaan Ali on becoming the 9th Executive President of Guyana. In the history of our nation, this is a transformational moment given our recent discovery of an abundance of energy resources. What he does over the next few years will set the direction of Guyana for decades. We were elated when on…
– Resolve discrepancies in pre-contract costs– Probe cost anomalies between Liza 1 & 2– Review taxes paid by Guyana for oil companies– Review unspecified interest rates on oil companies’ loans– Improve weak environmental standards– Regulate amount of oil being produced A group of 17 civil society professionals in the diaspora are calling on President Irfaan…
The Stabroek Block was described as, “an extraordinary world-class asset” in a recent investor conference call by John Hess. He then goes on to state that, “Nothing competes with it in the industry”. Mr Hess was making his comments during a recent investor call which included analysts from some of the world’s biggest investment banking…
