Opinion
Oil governance advocates challenge World Bank to prove Guyana’s gas project will not end up like Ghana’s
The World Bank, Guyana’s development partner of many years, is being challenged to prove that Guyana’s gas-to-shore project will not fall to the same fate as Ghana’s project. The African nation’s Sankofa field gas project, endorsed and partly financed by the Bank, has trapped Ghana in a deal which forces it to pay hundreds of…
Firing of Dr Adams suggests dark motives, gov’t must explain
I call on the government to issue a comprehensive statement explaining the reasons for the dismissal of the EPA chief Vincent Adams. I have read Dr Adams’ record of service with the US govt. – there can hardly be another Guyanese with his expertise and directly relevant Oil & Gas experience. His summary firing suggests…
Govt. needs to tell the truth about oil deal pitfalls
International lawyer and transparency advocate, Melinda Janki is of the firm conviction that it is high time the government desists from selling the citizenry false dreams and hopes about the oil wealth. Instead, the attorney categorically states that it must inform the citizens of the truth, which is, that the Guyana-ExxonMobil deal is fraught with…
Change in US administration has potential to improve Guyana’s negotiating strength versus oil companies
This letter includes my commentary to The Dialogue (https://www.thedialogue.org/energy-advisor/) on the current state of Guyana’s oil industry (published on 27-Nov-2020). The questions concerned oil production, impact of low oil prices, future oil development, and how the new PPP government is managing the industry. My response: “Only Liza 1 has reached production, yet ExxonMobil’s operations made…
ExxonMobil’s behaviour in Guyana is an attempt at colonisation – Int’l Lawyer, Melinda Janki
International Lawyer, Melinda Janki believes that ExxonMobil’s relationship with Guyana amounts to an attempt at colonisationSpeaking to anti-colonialist Kingston University Professor, Andy Higginbottom, during an online forum, Janki said last month that “the main point of colonization is to take a country’s resources and to pay little or nothing. The colonizing entity co-opts the political…
PPP, PNC, AFC united in the sellout of Guyana’s oil resources – Nigel Hinds
The three major political parties – People’s Progressive Party Civic (PPP/C), People’s National Congress Reform (PNCR), and Alliance for Change (AFC) – are united in the sellout of Guyana’s oil and gas resources to oil giants and their beneficiaries.Many of their leaders are complicit and/or compromised. So says anti-corruption advocate, Nigel Hinds.In an exclusive Op-Ed…
Exxon’s continuous flaring a breach of contract – Int’l Lawyer
International lawyer, Melinda Janki, believes that ExxonMobil’s flaring of associated gas at the Stabroek block’s Liza Phase One operation, appears to amount to a breach of contract. Associated Gas is gas which is produced from an oil field, as opposed to Non-Associated Gas, which comes from gas fields. Article 12.1 of the Stabroek Block production…
Please sign: Guyanese Demand That Guyana’s Laws Should be Enforced on All Oil and Gas Contracts
https://www.change.org/urgent-enforce-guyana-laws-oil-contracts
Why are we paying US$4.3 billion more for Payara when compared to Liza Phase 1?
If you are lending money, you want to ask yourself two main questions as part of due diligence. The first, can the borrower repay the entire loan when the loan comes due. And, the other, are you being paid a fair interest rate for the risk you are taking on with a particular borrower. On Wednesday, October 28th,…