Guyana Oil & Gas – The Opportunities and the Risks
Guyana Petroleum Summit Marriott Marquis, Houston, TX You may want to turn on CC (Close Caption) if your audio is playing low.
Jan Mangal
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Govt. not prepared to work hard for what Guyana deserves … Comfortable collecting crumbs from ExxonMobil – Petroleum Consultant
From all indications, it is quite clear that the Coalition Administration is still too focused on painting a rosy picture regarding the preparations for oil as opposed to addressing numerous difficult issues to secure Guyana’s future.Making this statement yesterday during an interview with Kaieteur News was Oil and Gas Consultant, Dr. Jan Mangal.His comments followed…
Query raised over sole bidder for oil governance project
Former government Petroleum Advisor Jan Mangal has questioned the operations of the firm that put in the lone bid for a component of the US$20 million World Bank-funded Guyana Petroleum Resources and Governance Management (GPRGM) project. Two weeks ago, international consultancy firm on oil and gas, Bayphase of the United Kingdom tendered a US$281,000 bid…
Guyana should not hire companies over which Exxon has significant influence
While the Government may be eager to hire international firms to provide much needed advice and expertise on managing the nascent oil sector, it must still exercise extreme caution. This is according to Oil and Gas Consultant and former Advisor to the Government, Dr. Jan Mangal.In fact, the Petroleum Consultant stressed that Guyana should not…
Parties contesting next elections should disclose positions on oil and gas, Exxon contract
All parties contesting in the next general elections should declare their views on the oil and gas sector, including if they support the re-negotiating of the controversial contract signed between government and ExxonMobil and its partners in the Stabroek Block, says former presidential advisor Jan Mangal. “I believe oil should be the top agenda item…
Let National Assembly determine fiscal terms for oil contracts
Former Petroleum Advisor to the Government, Dr. Jan Mangal is of the firm view that the National Assembly should be the body determining the fiscal terms to be used in oil contracts. He insists that it should not be left to be negotiated on a one-on-one basis by a Minister.Dr. Mangal said that there is…
All political parties should state position on re-negotiating Exxon contract, Guyana losing US$2.6b on first project alone
Regarding a letter in the Stabroek News on 16-Jan-2019, titled `How the overwhelming unemployment problem could be tackled’, by Mr Timothy Jonas. Also in the Kaieteur News titled `Untangling the Gordian Knot’. I am responding to this letter because: 1. The letter concerns oil and Guyana’s development. 2. I believe oil should be the top…
Mangal says advised against Crab Island oil facility over lack of transparency
Dr Jan Mangal, former petroleum advisor to President David Granger, has said he advised government against investing in the development of the now shelved onshore oil and gas supply facility at Crab Island, in Region Six, as the proposal did not go through the due diligence needed for the investment, which would have required billions…
The oil company does benefit by inflating costs, Guyana must be vigilant
I write in relation to a letter included in the Stabroek News on 28-Nov-2018 with the title `Why would Exxon inflate these costs when it wouldn’t be the one benefitting?’ authored by a Mr Clement Smith. The letter in question makes a number of inaccurate points and I attempt to address these below. In summary,…
Hold approvals for Liza Phase-2 until Phase-1 costs verified – Mangal
Government should put all approvals for ExxonMobil’s Liza Phase-2 on hold until a complete review of the Liza Phase-1 project cost is done, former Government Adviser on Petroleum Dr Jan Mangal says. “I believe a real and substantive review still needs to be performed of the Liza Phase-1 project cost before approval of the production…