Opinion
Removing critical objectives has reduced this programme to gimmickry
Nothing is wrong with giving out money to poor people under the banner of “Because We Care (BWC).” And it is simply wrong for that PNC Member of Parliament – a big wig in the Teachers Union – to discourage teachers from assisting with the distribution of the money. Criticizing the giving out of money…
Floating vessels would give Guyana flexibility to develop its economy
The oil company/contractor and Government have determined that the gas has commercial value and will be cooled to minus 261 Fahrenheit degrees on land instead of using a floating ship. The process is unclear; the oil company has a development plan to develop gas, recover the expenditures in the 75% cost recoveries, and sell the…
This forum revealed widespread mistrust on gas-to-shore project
Tempers flared and the temperature was rising as the EPA, Ministry of Natural Resources and the Gas-to-Shore project were under fire as participants asked a multiplicity of questions and called for transparency in the proposed project, at the second online forum on Thursday. Towards the end, Mr. Gossai, an employee of the Ministry of Natural…
Gas to shore project – too many questions yet to be answered
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 94 Article was Published on July 16, 2021 Introduction Over the past few weeks ExxonMobil has been holding public consultations on an application to the Environmental Protection Agency (EPA) for an Environmental Authorisation for what it describes as a Gas to Energy Project…
Developmental planning should not add to taxpayers’ burdens
It is heartening to note that Private Sector Projects would be supported in national development: In reading ‘Ali stumps for private sector during talks with visiting CDB president’ (SN – July 11, 2021): ‘Ali, the statement noted, has been adamant that the government would support private sector initiatives, especially when it comes to developmental projects’. …
EPA/Exxon sham scoping meeting leaves more questions than answers
In one of his songs, Johnny Nash sang, “There are more questions than answers, and the more I find out, the less I know.” This is so apt to describe the EPA’s online Forum held on Thursday, and the Government’s proposed Gas-to-Shore project.In a Zoom meeting on Thursday, nearly 80 people joined the Forum. They…
The stability of Guyana’s Wealth Fund is predicated on slippery unknowns
Guyana’s Assessed Tax Liability, GY$5.391 billion for the Petroleum Contractors is an outrage. Instead of securing funds for floods, sea defenses, and compensation to farmers for crop losses, the money deposited at the Federal Reserve of New York must now be used to pay Guyana’s tax bill, a situation that will reduce Guyana’s Petroleum share…
Column # 93 – It is doubtful that the law allows the Government to pay oil companies taxes.
This Article was Published on July 9, 2021 Introduction The issue of taxation of the oil companies has aroused particular interest ever since it became known that the Government has to find some $5.391 billion to pay the tax liability of the two partners of Esso in the Stabroek Block – CNOOC and Hess –…
Guyanese people and Parliament need to know all details of gas to shore project
I am in support of OGGN (Oil and Gas Governance Network) leader Mike Persaud’s call that Parliament should review major projects pertaining to Guyana’s natural resources to prevent giveaways, such as the current oil contracts signed by a Minister in the previous PNC Government defeated in a no-confidence motion and defeated in the subsequent general…