Opinion
Situating Guyana’s coming production of oil & gas in the world’s energy market: The demand side
Introduction Today I begin to address the third and final sub-sector in this long-running series of columns on the extractive industries sector of Guyana. That is, the coming time of oil and natural gas production and export, which are about 5-7 years away. So far, I have considered 1) the mining sub-sector (December 27, 2015-February…
UNCTAD: Main Findings on Local Content Requirements in the Oil and Gas Sector
Introduction There is a formidable body of literature devoted to economic theorizing on the efficacy of local content requirements (LCRs) policies generally, and in developing countries specifically. Notably, there is perhaps an even more formidable body of empirical studies examining the operations of LCRs in the oil and gas sector over the past four decades….