Dear Editor, Guyana’s profits taxes that are required under the 2016 Stabroek Contract should count as tax revenues. Here are the relevant points from the contract: ● Tax is required to be calculated for the contractor, Article 15.2. ● Tax is required to be paid by the Minister of Natural Resources on behalf of the…
A month ago, a letter writer in the Guyana Chronicle made false claims upon which he accused me and other members of civil society of being treasonous and betraying the country. I enclose the link to that letter (see below writer’s name), which was also published in the Guyana Times. I wrote a response, which…
When Guyana’s oil contract was signed in 2016 world market prices per barrel averaged $65. All indications today are that future prices (next 5 -10 years) may average $110. The portion of higher average price ($110 minus $65 = $45) can be called the Russia-Ukraine war premium. Who gets to keep most of the $45…
The hidden costs of the gas-to-power projects are slowly bubbling up: GPL has to find 50 MW of heavy fuel oil generation; and they are looking for some other company to deliver seamless connections without transmission and distribution problems. GPL is caught in an inefficiency trap, because it still only aims to deliver electricity at…
The former head of the Environmental Protection Agency (EPA), Dr. Vincent Adams believes that the government has assumed leadership of the regulator body, as the agency no longer has its own authority but rather operates on instructions. Former EPA Boss, Dr. Vincent Adams In fact, Dr. Adams argued that the administration is presently more interested…
https://www.oggn.org/wp-content/uploads/2022/04/OGGN-CARICOM-20220408.pdf
At the beginning of the Esso Exploration & Production Guyana Limited (EEPGL) Stakeholder meeting 10 am on Friday Feb 12, 2021, CEO Alistair Routledge said they wanted to be transparent and accountable. And they took the trouble to invite Transparency Institute Guyana Inc. (TIGI), of which I was an executive member. Later in the meeting…
To: The Guyana Times Dear Editor, Your letter writer Robin Singh either cannot comprehend the language used by concerned members of civil society, or he is pretending to be environmentalist, for he accuses us of the following [in GT 2022-04-04]: “To ask Barbadian PM Mia Mottley to shut down the oil-and-gas sector before it delivers…
Former head of the local Environmental Protection Agency (EPA), Dr. Vincent Adams, has warned that Guyana must safeguard itself against what he described as “watered down language” that could possibility weaken the country’s abilities to hold oil companies operating in the Stabroek Block, from fully accepting their responsibility in the unfortunate event of an oil…
