Introduction Guyana’s Constitution identifies access to information as a right – not a privilege. Yet, for a decade and more since the Access to Information Act was passed in 2011, this right has been treated with contempt. The Office of the Commissioner of Information’s ongoing obstructionism reflects more than a question of competence – it…
Vice President Bharrat Jagdeo has made a searing attack on a ruling by a High Court judge in the Teachers’ strike case in which the underlying issue is free collective bargaining. Despite not having read the judgment, Mr. Jagdeo yet felt comfortable using words like ‘appalling’ and ‘presumptuous’. However couched, this has to be seen…
The public deserves information on the outcomes of the 2016 Petroleum Sharing Agreement, PSA2016. Article 15.1 purports that Guyana’s tax laws are complied with by the contractor and its affiliated companies. This is in form only. Substance of actual corporation profits tax, under Guyana’s Sovereign Tax laws, are not paid into Guyana’s Consolidated Fund. This…
Stabroek News’ ‘Politikles’ cartoon, on the heels of its report that Petroleum Advisor to the President Dr Jan Mangal, said “I believe that all contracts should be made public,” adequately sums up the current state of affairs– the Minister of Natural Resources is running from transparency and accountability. Why isn’t the Coalition government listening to…
https://www.oggn.org/wp-content/uploads/2022/04/OGGN-CARICOM-20220408.pdf
In 1763, slaves of the Plantation Magdalenenberg on the Canje River in Berbice rebelled, protesting harsh and inhumane treatment by foreign entities(1). While the rebellion ultimately failed, it precipitated events that led to Guyana’s sovereignty and nationhood. Those original Guyanese fought for the ability to own a share of the resources of this great land….
1. Q: What kind of audit was conducted on ExxonMobil’s costs? A: It was a ministerial audit required by Guyana’s 2016 petroleum agreement. 2. Q: What costs were audited? A: ExxonMobil’s pre-production costs from 1999 to 2015. 3. Q: How much in costs did the audit find were ineligible for cost recovery? …
Introduction Today’s column addresses price, in the cost-price relation that Guyana’s oil and gas ‘discovery’ will likely encounter, after it comes on stream 5-7 years from today. Like last week’s treatment of cost in the relation, today’s treatment is also indicative. This underscores the difficulty of determining oil prices so far into the future. Economists…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 135 This is the final part of an adaptation of a talk I gave last July at a forum sponsored by the US NGO Oil and Gas Guyana Network (OGGN). The thrust of my contribution was that the Government’s excuse for reneging on…
