Robin Singh’s letter titled, “I extend congratulations to Jagdeo for embracing a failed Marxist philosophy” (SN Nov 16th), contained several false arguments. Singh writes: “. . . others are spending much time and effort to disparage and discourage new investors in our economy”. Robin is referring to a group of oil activists and two daily…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 114 – November 17, 2023 Introduction The Kaieteur News this past Wednesday reported that Minister of Natural Resources Vickram Bharrat as stating that the Government has written ExxonMobil directing that it relinquish portions of the Kaieteur and Canje Oil Blocks. There are two…
Question 1: What is the purpose of the Natural Resource Fund? Answer 1: The purpose of the fund is to manage the natural resource wealth of Guyana for the present and future benefit of the people in an effective and efficient manner. This includes ensuring volatility in revenues does not lead to volatile public spending,…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 113 – November 10, 2023 Introduction This column extends to Mr Trotman compliments and appreciation for his publication. It is not a major work and the ten chapters of the book cover just 50 pages. But he does have the distinction of being…
The work done by the consortium of auditing firms, Ramdihal& Haynes Inc., Eclisar Financial, and Vitality Accounting and Consultancy Inc., with backing from Martindale Consultants, have identified the unauthorized expenditures that have inflated the costs of the EMGL financial statements. In particular, the auditors point out the unlawful disbursement of funds from the Liza 1…
Q1: What is the purpose of the gas-to-energy project in Guyana? A1: To pipe natural gas from offshore oil fields to onshore facilities to generate electricity and address power outages in Guyana. Q2: What are the main components of the project? A2: A subsea and onshore pipeline, a natural gas liquid processing facility, and a…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 112 – November 3, 2023 Today’s column will complete the remaining chapters VI to X of Raphael Trotman’s book. Before I do so, let me acknowledge the articles carried in the Kaieteur News, written by Ms. Kiana Wilburg, their senior reporter in that…
In the interview aired here, https://www.oggn.org/2023/11/02/oil-talk-with-oggn-guyana-episode-7-the-gas-to-energy-project-and-its-legal-challenges/ , the lawyer Elizabeth Deane-Hughes identified several problems related to Guyana’s Gas to Energy project: 1. Environmental Protection Agency (EPA) Failures: She criticized the EPA for not ensuring that the Environmental Protection Act was followed, highlighting a court case that found the agency acted contrary to law in the…
