Concerns: PWSI Waste Treatment Plant – Coverden East Bank Demerara Yesterday, we were traumatized to be informed by Mr. Joel Bhagwandin that the PWSI Waste Treatment Plant started its operation at Coverden some five (5) months ago, which will mean that processing of petroleum waste started either April of May 2024; oblivious to Coverden and…
As usual there has been no comment in the local Press on MARAD Notice to Mariners number 113 (2022) dated June 28, 2022. This Notice defines a sea area of 119 square kilometres offshore from Plantation Best where the biggest of the oil field shore bases is being constructed, which will be deep-dredged up to…
2019 has been an unforgettable political year for Guyana, if only for the indelible and extreme breaches of our Constitution and Court Rulings following the No Confidence Vote and the grand finale confession coming three years after the signing of a Production Sharing Agreement (PSA), when the APNU+AFC administration represented by Minister Raphael Trotman, casually…
Newell Dennison and others in GGMC should start spilling the beans on all these suspicious actions by politicians and companies, which may have defrauded the ordinary people of billions of US$. Such actions of disclosure might be viewed as very patriotic, and might be remembered for steering Guyana away from its nasty exploitative past with…
All Guyanese, our Caribbean neighbours, and Venezuela, must now be worried sick by the Honourable VP Jagdeo’s announcing that slashing the parent company guarantee from full coverage, down to a piddling $2 Billion USD, “remains a priority”. This in-your-face sellout and betrayal of our people, not only throws out the existing legal full liability coverage…
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,…
Keeping information from the public only results in distrust and contracts for all of the country’s natural resources should be published, says Government’s Petroleum Advisor Jan Mangal. “The signing bonus and all revenues should be disclosed. There are no pros for non-disclosure, only cons,” Mangal told Stabroek News in response to questions posed on the…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 111 – October 27, 2023 Introduction Today’s column continues with a review of Chapters IV and V of Mr. Trotman’s book. In Chapter IV – Interactions with Exxon and the other Companies, Trotman relates his several meetings with representatives and officials of oil…
…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…
Motion – Liability Insurance Coverage for Spills Whereas Oil production offshore Guyana is expected to increase rapidly from its current rate of 120,000 barrels per day (bopd) to close to 1 million bopd, with the number of FPSOs increasing over 10 times by 2026; And Whereas worldwide offshore oil production operations show a high likelihood…
