Opinion
The crucial decision before Guyanese is how to break with the past to create a new and altogether different future
As Guyana continues to avoid solving long-standing and ingrained problems, as the political and business elites of all stripes continue to keep the majority suffering and poor, all this forfeiting much value for future generations, I reflect on the last few years as Guyanese achieved first oil and are approaching elections. Below are some of…
First Oil and the Legacy
I am flabbergasted how casually most Guyanese are lured into the belief that oil is the elixir to all their troubles, and that magically Guyana is going to be transformed into a culture of abundance.Except for a few scholars and jaded oil industry professionals, there seems to me a condition of national willful ignorance and…
First oil marked by obfuscation and confusion
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 81 – January 3, 2020 Introduction This column should have continued my take on Local Content. I will defer this to a later piece so that I do not miss the very focus on this series: the Road to First Oil. Readers will…
This oil contract is a giveaway of Guyana’s precious resources
Almost two years after the government signed the oil contract with ExxonMobil, it was made public, but only after months of constant pressure from this newspaper and other media outlets. From all indications, it was a poorly negotiated contract with a meagre two percent royalty, which is considered the worst of all negotiated oil contracts…
Our major political parties have failed us in relation to the indefensible Exxon deal
2019 has been an unforgettable political year for Guyana, if only for the indelible and extreme breaches of our Constitution and Court Rulings following the No Confidence Vote and the grand finale confession coming three years after the signing of a Production Sharing Agreement (PSA), when the APNU+AFC administration represented by Minister Raphael Trotman, casually…
Public release of Liza field plans is to ensure contractors like SBM & Exxon ‘don’t cut corners ‘
Former Petroleum Advisor to the David Granger administration, Dr. Jan Mangal, believes that Government must make available publicly, the field preparation plans submitted for the development of oil fields in Guyana’s Exclusive Economic Zone (EEZ) in the Stabroek Block. Petroleum Specialist and Former Advisor to the David Granger Administration, Dr. jan Mangal Dr. Mangal argues…
Datadin applauded for warning Guyanese about the oil curse
I applaud Counsel Sanjay Datadin (KN Dec 15) for his courageous warning of the fear that Guyana could become another Angola.Those of us who studied economics (especially at the post-graduate or doctoral level) would know that Angola (in southern Africa) is a typical illustration of the oil curse (having enormous natural resources and wealth, but…