The World Bank, Guyana’s development partner of many years, is being challenged to prove that Guyana’s gas-to-shore project will not fall to the same fate as Ghana’s project. The African nation’s Sankofa field gas project, endorsed and partly financed by the Bank, has trapped Ghana in a deal which forces it to pay hundreds of…
I call on the government to issue a comprehensive statement explaining the reasons for the dismissal of the EPA chief Vincent Adams. I have read Dr Adams’ record of service with the US govt. – there can hardly be another Guyanese with his expertise and directly relevant Oil & Gas experience. His summary firing suggests…
If you are lending money, you want to ask yourself two main questions as part of due diligence. The first, can the borrower repay the entire loan when the loan comes due. And, the other, are you being paid a fair interest rate for the risk you are taking on with a particular borrower. On Wednesday, October 28th,…
Kaieteur News – Darshanand Khusial of the Oil & Gas Governance Network (OGGN) has hailed the recent ruling of the High Court on the legal duration for ExxonMobil’s Liza Phase One permit as a good step, and an indication that Guyanese can make real positive changes.The challenge was brought against the environmental permit by former…
A prudent homeowner, who wanted to sell his house, would gauge what is a fair asking price by surveying the sale price for other houses in his neighbourhood. It would spin in his mind for years, if after the sale, he discovered that he had sold his house for a large discount to what a…
On social media, one can find many speeches by members of parliament debating the 2020 budget for Guyana. The budget outlines the allocation of money to the major activities that keep the country running. Issues such as how much will be spent on health care to the amount of dollars pensioners will receive are determined…
The four-column headline, “Delays could risk long-term value of Guyana’s oil” in the state-owned paper is wrong-headed. It reads like the work of a clever PR-person, produced and paid for by the oil company. The fact that it is published in the state-owned paper suggests collusion, and worse, a sellout.The arguments made in the article…
Both distinguished lawyers appeared on the Charles Sugrim Globespan show on Monday night (August 31st), and fielded a question from Dr. Jerry Jailall: “Are you for Renegotiation of the Oil Contract?”Attorney Timothy Jonas’ gave a very nuanced answer. He said, “if you have a citation where I said I am against, send it to me”….
A patient with cancer would want an experienced world class oncologist to give the diagnosis and prescribe the treatment. For a life changing event, one wouldn’t fire the oncologist in the middle of their assessment and then seek advice from a replacement with much less qualifications and experience. But it appears the Government of Guyana…
