Hiding the Terms of Reference for Uaru scoping will only increase suspicion that EPA is exempting vital environmental impacts

 I attended the Esso Exploration and Production Guyana Limited (EEPGL) public scoping presentation on the Uaru project 5.00-7.15 pm on Monday May 23, 2022, at the Umana Yana, Georgetown, Guyana. The only positive things I can say are that the presentation by EEPGL’s new man, Anthony Johnson, was clear, readable and concise, and the presenters…

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Fair Equilibrium for Profit

A fair equilibrium for Guyana’s profit share must focus on a New Production Sharing Agreement

By Stabroek News July 1, 2022        Dear Editor, Recently, I read a report prepared by SPHEREX Analytics, an accounting firm that produced the 2020 and 2021 financial statements for Esso Exploration and Production Guyana Limited (EEPGL). In the report, it is claimed that, ‘… Guyana’s share in profit and royalty is greater than the net…

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Seventeen reasons why the ExxonMobil contract should be renegotiated

In my opinion, this contract should be considered null and void for the following interim reasons:1) This contract was not made in good faith, good intention, is biased and is not consistent with minimum international contracting requirements, practice, guidelines, procedures and laws.2) This contract is a production sharing contract/royalty (PSA), where Guyana is technically a…

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