Motion – Liability Insurance Coverage for Spills Whereas Oil production offshore Guyana is expected to increase rapidly from its current rate of 120,000 barrels per day (bopd) to close to 1 million bopd, with the number of FPSOs increasing over 10 times by 2026; And Whereas worldwide offshore oil production operations show a high likelihood…
In follow-up to your editorial ‘Critics’ in the Sunday Stabroek for March 06, 2022, I suggest that the leadership of the PPP/C should re-read its 2020 election manifesto, to remind itself that it still has some important promises to act upon. One of these is its commitment to re-negotiate the Production Sharing Agreement with ExxonMobil:…
I watched with amusement, Exxon’s latest statement of March 2, 2022, and the frenzied utterings of our Honourable Vice President, even calling me a liar. I respect the office of the VP, so will not debase myself to the indignity of responding in kind, but will leave it to the people who know him better…
President Ali is a good man and our duly elected President, who can end up being a great leader. Our AG, a “maybe” future presidential candidate and the smartest man in Guyana, is a national hero, and defender of our democracy. Who can forget his role as a “Guardian of Democracy” during the five months…
The build-own-operate-transfer (BOOT) financial arrangement has been used around the world to fund important infrastructure in partnership between government and private investors. In this financing model, the private investor upfronts the initial investment cost and expects to be repaid over some time period. The investor has an expected rate of return before underwriting the project….
It’s insulting that Exxon once again seems to believe that Guyanese people are stupid, attempting to bamboozle us with fanciful talk to camouflage the truth; but judging by their modus operandi and reputation around the world, I leave it to the Guyanese people to decide who is believable. First, with respect to the US$2.5 Billion…
I have followed with deep interest, the recent warranted upsurge in public outcry from experts and affected populations of all walks of life in Guyana, the Region, and other international communities calling for full insurance coverage in the event of an oil spill. However, there appears to be some confusion, misinformation, and missing facts in…
US Geological Survey – ‘Assessment of undiscovered oil and gas resources in Central and South America’ USGS Fact Sheet FS-037-01, March 2001 Guyana-Suriname Basin – total undiscovered resources with ‘fully risked estimates’ – Gas – trillion cubic feet – 7.035 at 95% confidence level, 36.802 at 50% confidence level, 95.909 at 5% confidence level, arithmetic…
Appeal against the Non-Destructive Testers Limited (Guyana) Inc. Environmental Impacts Screening Report – – Storage of Sealed Radioactive Sources,to be located at Lots 1 and 2, Thuiste Te Coverden, East Bank Demerara Guyana By Penelope Howell https://www.oggn.org/wp-content/uploads/2022/02/epa-penelope-howell-20220222.pdf
Last week (Feb 17, 2022), SN reported `Guysons in US$60m joint venture for oilfield manufacturing – Enmore sugar packaging plant to be transformed as part of deal’. There was also a report in KN. This is a big surprise. The nation needs to know all the terms and conditions of this deal. We demand full…
