When Guyana’s oil contract was signed in 2016 world market prices per barrel averaged $65. All indications today are that future prices (next 5 -10 years) may average $110. The portion of higher average price ($110 minus $65 = $45) can be called the Russia-Ukraine war premium. Who gets to keep most of the $45…
The hidden costs of the gas-to-power projects are slowly bubbling up: GPL has to find 50 MW of heavy fuel oil generation; and they are looking for some other company to deliver seamless connections without transmission and distribution problems. GPL is caught in an inefficiency trap, because it still only aims to deliver electricity at…
The former head of the Environmental Protection Agency (EPA), Dr. Vincent Adams believes that the government has assumed leadership of the regulator body, as the agency no longer has its own authority but rather operates on instructions. Former EPA Boss, Dr. Vincent Adams In fact, Dr. Adams argued that the administration is presently more interested…
At the beginning of the Esso Exploration & Production Guyana Limited (EEPGL) Stakeholder meeting 10 am on Friday Feb 12, 2021, CEO Alistair Routledge said they wanted to be transparent and accountable. And they took the trouble to invite Transparency Institute Guyana Inc. (TIGI), of which I was an executive member. Later in the meeting…
To: The Guyana Times Dear Editor, Your letter writer Robin Singh either cannot comprehend the language used by concerned members of civil society, or he is pretending to be environmentalist, for he accuses us of the following [in GT 2022-04-04]: “To ask Barbadian PM Mia Mottley to shut down the oil-and-gas sector before it delivers…
Former head of the local Environmental Protection Agency (EPA), Dr. Vincent Adams, has warned that Guyana must safeguard itself against what he described as “watered down language” that could possibility weaken the country’s abilities to hold oil companies operating in the Stabroek Block, from fully accepting their responsibility in the unfortunate event of an oil…
Today’s front page story in SN showing Minister Bharrat handing over production license for a fourth oil well to Exxon’s Guyana president Alistair Routledge, giving up yet more leverages to demand renegotiation – should give cause for alarm to the Guyanese people. It is simply giving Exxon license to cheat the Guyanese people of Fair…
We learn from the Department of Public Information that in the 2022 national budget $1.4 billion of public funds were allocated to deal with the stench and other management issues at the Haags Bosch landfill located at Eccles. Further, that more than 450 tonnes of waste per day are dumped in ‘Cell one’ and ‘currently,…
I am compelled to write again, about this most crucial matter of full coverage insurance, so as to keep it fresh in the minds of our people; for the modus operandi of the Government and Exxon is to no doubt, wait it out and it will soon be the news of yesterday. The issue of…
The Report produced for USAID on Democracy, human rights and governance assessment: Guyana (2021) makes the following observation in several places: ‘The constitution mandates a high degree of cabinet involvement in executive decision-making while the National Assembly serves as check on the executive branch. Consequentially, the executive branch of government is both protected and isolated…
