Guyanese must get maximum from oil blocks even if it means renegotiating, rescinding -Jan Mangal tells Houston conference

Renegotiate, rescind, reimburse, then auction off so that Guyana reaps the maximum value from its oil blocks, is the advice that petroleum expert Dr Jan Mangal drilled into those who attended his presentation at the Guyana Petro-leum Summit in Houston, Texas on Thursday. He also warned that if the contentious Exxon-Mobil deal is preserved as…

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Energy Dept. unfit to represent Guyana if it can’t stand up to Exxon, others – Dr. Mangal

Until the Department of Energy (DoE) is prepared to challenge huge companies like ExxonMobil and French Oil Major, Total, then it cannot be trusted to look out for Guyana’s interests. This is according to Oil and Gas Consultant, Dr. Jan Mangal.During an exclusive interview with this newspaper yesterday, Dr. Mangal commented that the DoE does…

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Energy Dept. taking incorrect stance on important issues- Should be focused on renegotiation of oil contracts, etc – Dr. Mangal

The Department of Energy (DoE) has made it pellucid on several occasions that it will not be pursuing the renegotiation of the Production Sharing Agreement (PSA) with ExxonMobil’s partners, Hess and CNOOC, as well as its subsidiary, Esso Exploration and Production Guyana Limited (EEPGL).It has also expressed that it is unconcerned with the fact that…

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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…

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