Opinion
Guyana’s people must align now with global movement to avert climate catastrophe
President Biden will host a Leaders Summit on Climate on 22nd and 23rd April. The summit will deal with urgent action to tackle climate change plus the economic benefits of doing so. Prime Minister Gaston Browne of Antigua and Barbuda and Prime Minister Andrew Holness of Jamaica are among the 40 leaders selected to attend….
Solar energy far cheaper than gas to shore project, PPP/C not paying attention
Former Presidents Jagdeo and Ramotar are not paying attention. Solar energy is far cheaper than the US$400-800M gas to shore project. I have already made this public without refutation. Last year the Guyana Energy Agency (GEA) asked me for a conversation in August 2020 after I again publicly advised the PPP/C government to give up…
It’s a “no brainer” – Guyana can renegotiate all oil deals
Our national hero VP said the gas-to-shore project is so obviously right (in his unilateral opinion) that it’s a “no brainer.” How could the rest of us dumb people not see it? No studies, no planning, no consultations needed. Our PPP is like the Mighty Sparrow. If Sparrow says so, is so. In my view,…
Int’l lawyer challenges VP Jagdeo to show evidence that gas-to-shore project will work
The Irfaan Ali led administration is steadfast in its plan to land a multibillion dollar pipeline at Wales, West Bank Demerara, for the proposed gas-to-shore project despite the widespread criticism it has faced from industry experts.Many share the same concern that Government is moving too fast and should pump their breaks, at least until a…
Guyana should get solid financial assurance from Exxon to protect against oil disasters – Int’l lawyer
It is high time for Guyana to secure “solid financial assurance” from Stabroek Block operators ExxonMobil, CNOOC/NEXEN and Hess to ensure that it is protected should an oil disaster occur on our shores, says international lawyer, Melinda Janki.And with ExxonMobil’s looming financial troubles, she said “sooner is better than later.”“We know that ExxonMobil is in…
World Bank, Chatham House reps had called publishing oil contracts a bad idea – Former Presidential Advisor
Kaieteur News – Former Presidential Advisor on Petroleum, Dr. Jan Mangal, said that representatives from Chatham House and the World Bank told him it was a bad idea to publish the contracts Guyana signed with international oil companies (IOCs) for the rights to operate their respective blocks. The comment is included in a public LinkedIn…
Ram adds voice to calls for transparency of oil records
Kaieteur News – Kaieteur News, along with other transparency advocates, has been calling for the People’s Progressive Party/ Civic (PPP/C) government to release records on oil reports dating back to the beginning of oil production.Notably, those records would assist in the conduct of independent studies on the oil revenue and what Guyana is set to…
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…