Erin Northe has written a nice letter to commemorate Cheddi Jagan’s death anniversary in SN Letters (March 2nd), titled: “Take time out to reflect on where we are in Dr. Jagan’s vision”. This letter provoked a comment on the online edition from Fuad Rahaman. It reads: Focus on PPP leader, Dr. Bharrat Jagdeo’s vision! It’s…
Parliament’s decision to create—what amounts to—a zero tax clause in the petroleum production agreement keeps power and wealth in the hands of its foreign counterparties and contributes to Guyana’s economic inequality. Additionally, it stagnates the potential for sustainable economic growth here in the local land. While the Stabroek Block Production Sharing Agreement (PSA) should be…
There is a clause in the contract that deals with the subject of renegotiation. To paraphrase: it says it can only be done with the agreement of both parties. How does one party (GoG) secure the agreement of the other (Exxon)? Robin Singh (SN, Oct 8th) says you must have “bargaining chips” to induce Exxon…
