Guyanese need the release of the Exxon contract and to know if a signing bonus was paid

Stabroek News’ ‘Politikles’ cartoon, on the heels of its report that Petroleum Advisor to the President Dr Jan Mangal, said “I believe that all contracts should be made public,” adequately sums up the current state of affairs– the Minister of Natural Resources is running from transparency and accountability. Why isn’t the Coalition government listening to…

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Focus on the oil revenue

…Petroleum advisor urges citizens Government’s Petroleum Advisor Dr Jan Manga believes that Guyanese need to have realistic expectations of the impending oil-and-gas industry and urged that focus be placed on infrastructural development and investing the revenue from the resource on the citizens. Speaking with reporters Wednesday, Dr Mangal said with news of the oil finds,…

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‘Can’t bare all’

…Gov’t insists full release of Exxon contract has wide implications MINISTER of Natural Resources, Raphael Trotman said government has been advised by external advisors and lawyers that it should not release the full contract with United States (U.S.) oil giant, Exxon Mobil, noting that a number of extenuating and external issues are being attended to,…

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Oil above politics

…Petroleum adviser says oil-and-gas policies must transcend election cycles THERE is need for Guyana to enforce legislation, policies and regulations in the emerging oil-and-gas sector that cannot be easily influenced by politicians, presidential adviser on Petroleum Dr Jan Mangal told reporters on Wednesday. Dr Mangal, who has a Doctorate in Offshore Geotechnical Engineering from the…

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Competitive bidding is the best approach for the award of oil exploration leases

A recent article in the Guyana Times ‘Minister’s relatives, friends now applying for oil licences, 2017-09-14’ makes reference to Dr Jan Mangal, Petroleum Adviser in the Ministry of the Presidency.  The article raises concerns with a type of process used in the award of petroleum leases or blocks, that is the “one-on-one negotiation” or “open…

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