Former presidential advisor on petroleum Jan Mangal has expressed shock that ExxonMobil has flared over 2 billion cubic feet of natural gas offshore and said that he had insisted in 2018 that there be no flaring and that gas be brought to shore for electricity, fertilizer and other uses. Believing that ExxonMobil flared the gas…
Former Petroleum Advisor to the President , Dr. Jan Mangal has said that Guyana would still get a substantial revenue share from oil even when the price is sent crashing, once royalty on every barrel is set at a fair level of 15 percent. He made these and other comments in a recent Facebook post.Initially,…
If the PPP wins with a majority, Guyana may become the next resource curse on steroids, with lots of white-elephant projects.And if the ruling coalition wins with a majority, Guyana may continue to blunder along and give away its oil wealth.
Newell Dennison and others in GGMC should start spilling the beans on all these suspicious actions by politicians and companies, which may have defrauded the ordinary people of billions of US$. Such actions of disclosure might be viewed as very patriotic, and might be remembered for steering Guyana away from its nasty exploitative past with…
Would it not be refreshing to see the following as a press release from APNU or the coalition government in relation to the recently published report by Global Witness? “…. APNU press release in relation to the recently published Global Witness report on Guyana. Guyana is starting its oil & gas industry from scratch, and…
It may seem to Guyanese that oil issues are coming to a head, that is, to some conclusion. They are not. We have to be prepared for a long and tough slog on our journey to get a fair deal for the working people of Guyana, and to finally start transforming the governance apparatus of…
A day or two ago Mr Carl Greenidge dedicated about 14 minutes of his speech at the APNU campaign in Berbice to criticising an accomplished international anti-corruption NGO called Global Witness, and myself, Jan Mangal, a former adviser to President Granger on oil & gas. In my role as adviser to President Granger on oil…
By some estimates, for the Liza Phase 1 and Liza Phase 2 projects alone, the permanent tax holiday for the biggest oil company in the US could cost Guyanese taxpayers some US$5 billion. That could instead be spent on salaries for teachers and schools, nurses and hospitals, actually reliable water and electricity plants, and better…
Jan Mangal, former Petroleum Adviser to the President, says ExxonMobil’s Payara oil well development should not be approved until it yields big changes to the much-criticised 2016 deal including a higher royalty rate than the current 2%. Mangal believes that while the company has been adamant that changes cannot be made to the Production Sharing…
As Guyana continues to avoid solving long-standing and ingrained problems, as the political and business elites of all stripes continue to keep the majority suffering and poor, all this forfeiting much value for future generations, I reflect on the last few years as Guyanese achieved first oil and are approaching elections. Below are some of…
