Opinion
VP Jagdeo should release all details on oil sales
From Dr. Tulsi Singh’s letter (SN March 2), I take this quote: “Numbers released by VP Jagdeo three weeks ago revealed that Guyana received US$184.9 Million in profit and US$21.2 Million in royalty. Since royalty is calculated at 2% of sales, then sales were US$1,060 Million. So, Guyana’s profit as a percentage of sales was…
Oil advocacy group banking on oil reports for independent analysis
From: https://www.kaieteurnewsonline.com/2021/03/03/oil-advocacy-group-banking-on-oil-reports-for-independent-analysis/ The Oil & Gas Governance Network (OGGN) awaits the publication of oil reports dating back to the beginning of oil production. Vice President, Dr. Bharrat Jagdeo, had committed during a February 9 press conference that the government would make the reports available to the press. Three weeks later, the press does not have…
Differing calculus on Guyana’s take per barrel of oil at point of sale
I refer to Dr. Tulsi Singh’s letter titled, “Guyana will receive a lot of oil revenues in the next 20 to 25 years” (SN March 1st). If a country’s budget is $US 1.5 billion and you receive rentier income of 1 billion dollars, yes of course that’s a lot of money for a nation of…
Suriname gets 6.25% Royalty. Why is Guyana getting only 2%?
I refer to your news article titled: “Opposition offers support to gov’t in facing down ExxonMobil” (SN Feb. 27th) and wish to comment as follow: What credibility does this former Minister David Patterson have? He stated that the 2016 Oil Contract was vastly improved over the 1999 Contract. This is ridiculous. The 2016 Contract was…
Guyana Should Trade Its Oil For COVID Vaccines
“Wildly uneven and unfair.” Those were the statements used recently by the United Nations boss. He wasn’t talking about Guyana’s Stabroek oil contract but COVID vaccine distribution. He cited that over 130 countries have not had a single dose of the vaccine, whereas 10 countries have administered 75% of all vaccinations. One of the main…
Exxon’s flaring: Shut them down and make them pay! – Melinda
Would ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) be picking up the exuberant cost attached to greenhouse gas emissions caused by its flaring offshore in the Stabroek Block, or would it be the Guyanese people? This is the critical question industry stakeholders say is facing the nation since the social cost for such…
The best option is open governance and more open governance
We were confident you would support the Transparency Institute Guyana Inc’s (TIGI) call for open governance in any investment in a gas pipeline from our offshore oil and gas fields. However, we should like to declare that our call for open governance is not only in this matter. Open governance is always required. In fact,…
We insist on open governance in relation to the gas to shore project
I am pleased that Farfan & Mendes Limited and SOVENTIX Caribbean S.R.L have signed a deal with the Guyana Energy Agency (GEA) for the engineering, procurement, construction, installation and commissioning of solar photovoltaic (PV) power plants including Battery Energy Storage Systems for the hinterland at Bartica and Lethem for US$2 per watt. Despite asking, I…
Meeting Invite: Oil and the betrayal of Guyana’s working people
Jan 10, 2021 10am Guyana time (02:00 PM in London) Register here: https://cls-uk.us8.list-manage.com/track/click?u=99ed132c072175b8f81302247&id=1671757cd8&e=049d969273 Melinda Janki is an international lawyer and an attorney-at-law in Guyana. A former oil lawyer she has been an outspoken critic of Guyana’s deal with ExxonMobil and the danger it poses to the Guyanese people. Melinda was legal counsel on a recent court…
Glenn Lall should be Guyana’s “Man of the Year” for 2020
Hands down, the indomitable Mr. Glenn Lall would be my pick for Guyana’s “Man of the Year for 2020.”Mr. Lall and his Kaieteur News (KN) paper has single-handedly stood in the gap and swam against the tide of silence and apparent corruption that has enveloped the country with respect to oil. As a national, “people’s”…