I find yesterday’s Stabroek News report that the Guyana EPA will be taking Exxon to court for the failure to pay fines of US$2,600 for 3 small oil spills to be very troubling. People of Guyana, do you believe this nonsense? Things like these are why the Oil and Gas Network (OGGN – www.oggn.org) has…
No one would doubt the contract between Exxon and Guyana is one of domination and subordination, of strong versus weak, of big fish eating little fish. There is only one choice for the Guyana Government and that is to renegotiate the contract before signing the new Payara approval. Unless we do this, we can kiss…
Much has been written in the Guyana media about the need for oil specialists and experts and there are critiques in KN that the person trained in the oil industry is not appointed as the line minister (Energy). Be that as it may, and not to detract from one’s formal training in an industry, one…
Let’s make a few things clear: Payara Approval has been put on hold to allow for a review of field operations, how to conduct drilling, avoid a well-blowout, etc. It is really an engineering review. Nothing to do with review of the Contract.The Guyanese people want a renegotiation of a few basic issues of the…
t will be the biggest political blunder if the new PPP government fails to renegotiate all oil contracts now including the ExxonMobil contract. Such a blunder may well lead to its losing office in 2025. The masses are not asses. President Ali and Vice President Jagdeo must speak clearly now to the nation and tell…
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…
