Opinion
These unanswered questions will determine how wealthy or poor Guyanese become
I would like to follow-up on SN November 18, 2021. Mere stating that an audit will be done does not mention if the 2016 Contract terms, Article 23 and Annex C will be renegotiated. There are also a number of unanswered questions that could secure Guyana’s interests. Will Guyana’s property and tax laws related to…
Audio & rough transcript of YellowTail Exxon/EPA meeting on Nov 11th, 2021
Presentation Deck (not original): exxon-epa-yellowtail-20211111 Questions during the presentation (may contain errors): Here is a rough transcript of the above audio, this is experimental thus there are mistakes in this text transcript: Microsoft Word Transcript (Experimental): PDF version of Transcript (Experimental): transcript20211112a
Oil and Gas Network encourages all Guyanese to join the EPA/Exxon Zoom public consultation
The Oil and Gas Governance Network (OGGN) would like to encourage all Guyanese – in the Diaspora and at home – to save the date for the EPA/Exxon Zoom public consultation this Thursday, November 11, from 6:00 -8:00 pm, Guyana Time. For New York, USA and Toronto, Canada, it is 5:00 to 7:00 pm, EST….
There might be cause to file private criminal action to ensure oil accounts are audited
The revelation of the Government’s VP who oversees oil and gas that the almost $US9 billion Liza 1 and Liza 2 expenses have not been audited is tantamount to the Government aiding and abetting the fleecing of Guyana’s resources. The sin of omission of failure to do audits is as bad as the sin of…
At the Yellowtail EIA presentation held in Region 3
I attended the Environmental Impact Assessment (EIA) presentation of the Yellowtail Development Project held Monday Nov 1, 2021, at the Leonora Technical Institute (LTI). The presenters were very cordial and courteous in their presentations and answers to questions. The EIA itself was published in 3 volumes on the Environmental Protection Agency (EPA) website, and its…
Cabinet’s hydro project ‘no objection’ may be ill-advised
A reader might be misled by the Government’s current enthusiasm to start construction of this small dam (by global standards) in the remote Kuribrong River; SN 01 November ‘Cabinet gives China Railway ‘no objection’ for Amaila hydro project’. The Cabinet appears to have been persuaded by Vice President Bharrat Jagdeo that the Norwegian advisers, Norconsult,…
Harmon’s call for a 50% royalty could change the political dynamics in Guyana
Mr. Harmon’s picture in a local paper wearing a t-shirt saying, “Demand 50% royalty,” seems to be clear support for the renegotiation of the oil and gas contract as any increase in the 2% paltry royalty we get now would require renegotiation. If Harmon stands solid, this changes the political dynamics in Guyana and spells…
Exxon must be made to carry full comprehensive insurance coverage
Dear Editor, I refer to your article, ‘Gov’t seeking up to US$2B insurance coverage from Exxon for Yellowtail project’, 04 November 2021. The Liza, Payara and Yellowtail oil wells are around 18,000 feet deep in the rocks and under 5-6,000 feet of Atlantic water. BP’s Macondo well in the Gulf of Mexico in 2010 was…
Our regulatory agencies should carry out their mandates without any interference
In response to his letter published in the Stabroek News on 1 November 2021, I invite Jonathan Yearwood to listen to what I said at the Hearing on Extractive Industries, Climate Justice and Human Rights in the Caribbean convened by the Inter-American Commission on Human Rights (IACHR) on 26 October 2021. In the recording he…
The solar alternative for Guyana
Of all the energy possibilities, solar power is now the best for Guyana. It is the least expensive, will put power in the hands of the ordinary man, and is blindingly simple. Let us take each of these in turn. Generation If US$900M has to be found for the 165 MW Amaila Falls Hydropower Project,…