March 9, 2018

Opinion

Trotman’s 2016 re-negotiation of the PSA with ExxonMobil has put government in a serious predicament

News EditorMarch 9, 201801 mins

King Midas, it was said, had only to touch something for it to turn to gold. The Minister in charge of Guyana’s oil has perfected this talent in reverse: – The Minister’s 2016 re-negotiation of the PSA with ExxonMobil is a disgrace. It has put his government in a serious predicament and could prove a…

Sase Singh

The state of the six sisters (rice, sugar, bauxite, gold, seafood, and forestry) versus oil

News EditorMarch 9, 2018March 9, 201801 mins

Over the past few years, the Guyanese economy revealed an economic illness that is tied to the state of the six sisters (rice, sugar, bauxite, gold, seafood, and forestry). There are tremendous external headwinds as the rest of the world pull ahead leaving the Guyanese economy in a sort of no-man’s land. Real GDP growth…

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Trotman’s 2016 re-negotiation of the PSA with ExxonMobil has put government in a serious predicament

The state of the six sisters (rice, sugar, bauxite, gold, seafood, and forestry) versus oil