Is Guyana Getting a Fair Deal for its Oil?
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June 2019
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Chapter #6 – The miscalculation of the licence area
In our previous articles, we have charged that the contract is illegal for the simple reason that at its root the contract is based upon an illegality, to wit, the issuance of the entire area of 26,800 square kilometers under a single licence instead of as the law required, 6 or more independent pieces each…
Dr Tarron Khemraj talks about the political aspects of the resource curse
Presentation deck can be found here: Political aspects of the resource curse
Dr Dhanpaul Narine’s opening remarks at the Guyana Oil Event in NYC
Dr Tarron Khemraj talks about the political aspects of the resource curse Dr Jan Mangal discusses the potential value of renegotiation Chris Ram discusses the flaws in the oil contracts You can find the other presentations at this event below:
My work is to highlight grand theft of the people’s wealth, main opposition poses biggest threat to oil future
Due to my continued work highlighting grand thefts and forfeitures of billions of US dollars by our politicians past and present, of the oil wealth which belongs to the people of Guyana and which does not belong to the politicians and companies, there have been and will continue to be attempts to discredit my message…
Chris Ram discusses the flaws in the oil contracts
The presentation slides can be found here: http://www.oggn.website/wp-content/uploads/2019/06/chris_ram_oggn_event_20190601.pdf
Chapter #5 – Dereliction of duty: Exxon as security guard – Part 2
In our last article we presented facts that suggested that the claimed need for Exxon as insurance against Venezuelan hostility to justify the breach of the 60-block maximum per contract was an overstatement to use the most polite word. Today we discuss alternatives to that action taken by the then minister and supported and maintained…
It is time to rise up and demand that this massively flawed contract be scrapped
Continuing my analysis of the Petroleum Production Agreement signed between the Government and ESSO, CNOOC and HESS, I would like to touch on a few more Articles in the contract. I recommend: Mr. President, this contract is massively flawed and MUST be renegotiated. As a matter of fact, the existing contract should be rescinded and…
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