I refer to the letter, `Why is Janki so opposed to the ExxonMobil deal?’ under the name of Clement Smith. I should have thought the answers to that question were already abundantly clear. I have repeatedly said that Minister Trotman’s behaviour was incompetent, irresponsible, naïve and foolish in the oil arrangement he agreed with Esso…
Guyana Power and Light (GPL) Inc. has contracted a floating electric power station (‘power ship’) from UCI, a subsidiary of UCC Holding, a Qatari company, to provide additional electricity to Guyana’s electric power grid, which has recently been failing in a spectacular manner resulting in multiple hours-long power blackouts for GPL customers. Regarding the costs…
The claim by the National Toshaos Council (NTC ) that it is the ‘sole, legal and legitimate’ body that represents the interests of Amerindians in Guyana (Department of Public Affairs, ‘NTC affirms its position as legitimate representative body of Amerindians’, 24 November 2023) has no legal basis. This claim is an unreasonable/erroneous extrapolation of the…
Reference is made to my letter published in Kaieteur News on October 22, 2024 and captioned ‘Measuring oil profits in Liza One’. In response, Mr. Dominic Gaskin in his letter published in Stabroek News on Oct. 23, 2024 disagreed with some of the points I made in my letter, as identified above. Permit me, Editor,…
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It is high time for Guyana to secure “solid financial assurance” from Stabroek Block operators ExxonMobil, CNOOC/NEXEN and Hess to ensure that it is protected should an oil disaster occur on our shores, says international lawyer, Melinda Janki.And with ExxonMobil’s looming financial troubles, she said “sooner is better than later.”“We know that ExxonMobil is in…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 122 – March 1, 2024 Introduction The Ali Administration has been promising continually that an independent, competent Petroleum Commission will be appointed to oversee the operations of the oil and gas sector. But like it has done in relation to the confirmation of…
The Bauxite workers have been and are being treated in a crude and crass manner by the global aluminum giant Rusal, the Rusal corporation is the 90% owner of the Bauxite Company of Guyana Inc. (BCGI). The workers are also being underserved by the Guyana Bauxite and General Workers Union (GB&GWU) and the Government of…
As per the 2016 Stabroek Block contract, for the oil production lifecycle, from the preparation for oil production to when the oil is finally sold, the oil companies pay no taxes (see Article 15.1). The applicable income tax laws assess the Contractor’s tax due on taxable income (Article 15.3) and the Minister agrees to pay…
