These wild presidential and DPI exaggerations, minus verifiable sources, ought to seriously be fact-checked by Stabroek News

Does His Excellency the President Mohamed Irfaan Ali live in an alternative universe?  ‘We now have 18,000 Guyanese working on the offshore oil rig.’ See the DPI notice from October 14, 2024; https://dpi.gov.gy/local-content-raked-in-over-us2-billion-in-businesses-to-date-president-ali/ . There are 3 functioning FPSOs, each with a working crew of 150-160 according to the EIAs, of whom fewer than half will be…

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Exxon and Partners – Relinquishment Time

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 140 President Irfaan Ali enjoys his encounters with international journalists, including BBC’s Steve Sackur and more recently New York Times’ International Climate Correspondent, Somini Sengupta. While the President has ably navigated the questions posed to him, he has benefitted from some important questions…

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PLUGGING OIL AND GAS FOREX LEAKS

WHEN oil companies sell the oil and gas that they extract from Trinidad and Tobago (T&T), over 80% of the revenue is paid to third-party contractors for goods and services. These contractors are often international companies that get paid in foreign currency which they take out of T&T. Many of these foreign companies pay little…

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