It has been reported that the Guyana Revenue Authority (GRA) will review contract costs proposed by ExxonMobil for its work as a contractor to the Government in the Stabroek Block. If the Government intends to undertake a rigorous review of the contract costs, this is not the optimal route. Instead, the Government will be taking…
Former presidential advisor Jan Mangal has warned that while cash payouts from oil revenue may have an important role to play in the future, at this point it could be a distraction from the larger goal of clawing back wealth. His reference in a Facebook post today to clawing back of wealth will be seen…
A question: Is/was Sir Shridath Ramphal an adviser to JHI or Mid-Atlantic (who are now Joint Venture partners with Exxon and Total in the Canje Block offshore Guyana) ? Is/was he associated with any oil company in Guyana? If so, did he disclose this to Cabinet or the Ministry of Foreign Affairs, and when?
An article in Kaieteur News (07-Aug-2018, ‘The Department of Energy will decide if it needs Dr Mangal’s expertise – Harmon’) gave the impression that I was “assured” by the government of being re-engaged. This is incorrect. I was never assured by the government of being re-engaged nor did I seek to convey this impression in…
With less than two years to first oil, former Government Advisor on Petroleum, Dr Jan Mangal says the number of oversight personnel has to be swiftly ramped up to monitor the current operations and before ExxonMobil is given approval for its Liza Phase 2 Development Plan. He said that currently the Ministry of Natural Resources…
Former Petroleum Advisor to the Government, Dr. Jan Mangal, is not surprised by the glowing reports of Rystad Energy, a Norwegian research company, which predicts that Guyana will get massive returns from its oil deal with ExxonMobil. That’s because Dr. Mangal says that Rystad Energy is part of ExxonMobil’s lobbying machine. In his Facebook page,…
Dr Jan Mangal, former petroleum adviser to President David Granger yesterday disclosed on his Facebook page that someone in government had proposed sole-sourcing the sale of Guyana’s oil to mining and commodities giant, Glencore. Mangal’s statement follows his declaration that in the coming weeks he will outline a number of things including the “mechanism used…
Regarding the article in SN dated 02-Jul-2018 titled: `National oil company for Guyana would be a disaster – Jan Mangal’ This article does not reflect the two posts on social media from which I believe they were based. I made two posts on 28-Jun-2018 on the subject of national oil companies (NOC). I said a…
The creation of a National Oil Company (NOC) will be “a disaster” for this country warns former Government Advisor on Petroleum, Dr. Jan Mangal who says that Guyana should learn from the experiences of sister Caribbean countries, Trinidad and Tobago and Jamaica. However, the government says that it has been advised by a number of…
