Opinion
These issues are very important as Guyana’s new oil economy unfolds
There are important issues raised in Joel Bhagwandin’s [JB] letter in SN – March 26, 2023 that are very important for Guyana, as the new oil economy unfolds. Principles related to ownership rights and corporate funding determine future incomes earned from such ownership rights. Future tax payments are also related to the classification of corporations…
The 2016 Petroleum Agreement and Foreign Currency – Part 2
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 106 – March 25, 2023 Introduction In Guyana’s fast changing news cycle, the issue of whether or not there is a shortage of foreign currency appears to have receded into the background. That of course does not mean that the temporary problem has…
The Gov’t must define what constitutes a conflict of interest in this specific instance
The Laws of Guyana establishing the Environmental Assessment Board (EAB) could not be clearer. Article 8 (1): Any member of the Board who has any interest, directly or indirectly, in any matter before the Board –Shall disclose the nature of his interest to the Board; and Shall not take part in any deliberation or decisions…
The 2016 Petroleum Agreement and Foreign Currency
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 105 – March 17, 2023 Introduction It is surely a contradiction that even as Guyana has the fastest growing economy in the world, and amid a phenomenal expansion in oil production and export, the issue of the availability of foreign exchange is now…
The authors of the EPA’s GtE EIA replaced arithmetic with political assertions
S.11 (5) of Guyana’s Environmental Protection Act declares that every environmental impact assessment shall contain the following information: – (b) an outline of the main alternatives studied by the developer and an indication of the main reasons for his choice, taking into account the environmental factors. One therefore expects to find studies of the alternatives…
OGGN advocacy is about rule of law, environmental protection and citizens’ best interests above that of oil companies
On February 15, 2023 Stabroek News reported that President Ali seemed to conclude that the renegotiation of the Stabroek Oil contract would lead to a halt in production. On March 6, 2023 Kaieteur News stated that, “Guyana’s top political leaders have likened local advocates championing a better deal for citizens as hypocrites”. There is a…
Court decision in Glenn Lall’s court challenge to tax provisions in 2016 Petroleum Agreement
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 103 – March 3, 2023 Introduction On 22 February 2023, the Guyana High Court handed down its decision in the action brought by newspaper publisher and crusader Glenn Lall. The action was filed on 22 January 2022 naming the Attorney General as the…
Is expenditure on Esso’s Ogle Office recoverable contract cost?
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 104 – March 10, 2023 Introduction Following a question raised in the National Assembly by Opposition MP Mr. Ganesh Mahipaul, ExxonMobil’s Country Manager Alistair Routledge, emboldened by his increasingly comfortable relationship with the PPP/C, reacted to Mahipaul by declaring that the approximately US$160…
I was accosted by three intimidating men at the gas-to-energy civil works’ landing site
Further to the various public pronouncements about the gas to energy (GtE) pursuant to the Environment Permit (EP) granted to EEPGL, on behalf of the Stabroek Block Partners, and also pursuant to the publications on the gas to power published by the Ministry of Natural Resources and Environment’s website inter alia, I decided to do…
Fmr. EPA Head exposes Jagdeo’s deception
Kaieteur News – Vice President Bharrat Jagdeo has over time repeatedly lambasted former Head of the Environmental Protection Agency (EPA) for signing the worst permit, that authorized the development of the country’s first producing oil field—Liza I. In fact, the former Head-of-State, now Vice President, over time proffered publicly that it was his administration that would…