November 5, 2024
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October 4, 2022

EEPGL and auditors should explain why total revenue is included in the PSA’s cost function

EEPGL and auditors should explain why total revenue is included in the PSA’s cost function

News Editor010 mins

By Stabroek News October 4, 2022       Dear Editor, In the EEPGL contract, it is specified that Guyana will receive in the Production Sharing Agreement (PSA), 50 percent of the profits, after EEPGL extracts upfront, and without Guyana’s prior review of the cost, 75 percent of the total revenue as cost. This proportional linkage between total…

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GECOM should seriously consider adopting electronic voting for any future elections in Guyana

News Editor01 mins

Guyana’s General Elections of March 2, 2020, were marred by irregularities during the vote counting process, which led to a recount supervised by CARICOM. Subsequently, election petitions were filed at the Guyana’s High Court, which still await final resolution. Now have a look at Brazil, our neighbour to the south covering 49% of South America’s…

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