In recent days, attentive readers of the “Letter to the Editor“ section of Stabroek News will have witnessed an exchange of opinions between Attorney General Anil Nandlall and Messrs. Sherwood Lowe and Vincent Alexander revolving around the question of possible voter impersonation during the General Elections of March 2, 2019. The story culminated on Wednesday,…
A foreign observer analyzing Guyana’s oil resource per citizen would guess that a baby born in the last few years in Guyana would be one of the luckiest of the 8 billion people in the world. But the observer would be mistaken. It is approaching 3 years since we started producing oil but one of…
I am responding herewith to Mr. Bhagwandin’s letter to the Editor of Stabroek News published October 8, 2022, and entitled `The overall objective of the PSA is to obtain a higher profit share after fully recouping investment costs’. First, I fully agree with other online commentators that there was no need for Mr. Bhagwandin to…
By Stabroek News October 11, 2022 Dear Editor, Permit me to respond to Joel Bhagwandin’s letter in SN of October 8th, captioned, ‘The overall objective of the PSA is to obtain a higher profit share after fully recouping investment costs’; but before doing so, I would like to recommend that Joel Bhagwandin take some finance…
If you owned one of the nicest houses in an exclusive neighbourhood, would you sell your house for a fraction of what other sellers are receiving? Guyana is receiving significantly less money from its oil production than other countries. But some Guyanese politicians hide behind the porous façade of the sanctity of contract while others…
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…
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…
The circuit breaker box controls the electrical energy in your house. Electronic devices in your house ranging from microwaves to televisions would be reduced to ornaments if the circuit breaker box malfunctions. This critical box is installed in your house, not on your street. You wouldn’t want criminals to easily disable the lights and alarms…
The assets of Esso Guyana will be insufficient to cover the costs of a major oil spillLast year, Afghanistan bodies were falling off American jets, filled with Americans, as the planes accelerated up into the sky. Those images depict how quickly America will abandon a country that appears financially worthless to it.If we have a…
