The Minister Pays Exxon US$15 Billion Tax Bill
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January 2020
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Bridging Deed sells both patrimony and soul
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 83 – January 31, 2020 This Column has finally been able to put its hands on the Bridging Deed referred to in Article 30 of the Petroleum Agreement signed by the APNU+AFC Government and Esso, Hess and CNOOC/Nexen. The Deed, is frightening in…
Why is Mr Greenidge so riled up and critical about Global Witness and myself?
A day or two ago Mr Carl Greenidge dedicated about 14 minutes of his speech at the APNU campaign in Berbice to criticising an accomplished international anti-corruption NGO called Global Witness, and myself, Jan Mangal, a former adviser to President Granger on oil & gas. In my role as adviser to President Granger on oil…
Exxon tax holiday could cost Guyana US$5b
By some estimates, for the Liza Phase 1 and Liza Phase 2 projects alone, the permanent tax holiday for the biggest oil company in the US could cost Guyanese taxpayers some US$5 billion. That could instead be spent on salaries for teachers and schools, nurses and hospitals, actually reliable water and electricity plants, and better…
Don’t approve Payara plan until Exxon improves deal in big way
Jan Mangal, former Petroleum Adviser to the President, says ExxonMobil’s Payara oil well development should not be approved until it yields big changes to the much-criticised 2016 deal including a higher royalty rate than the current 2%. Mangal believes that while the company has been adamant that changes cannot be made to the Production Sharing…
On The Move With Oil – Party & Fireworks
So the party is on! Now we spote; but we ain’t gat money? How so? Still, we will have fireworks galore.In the meantime, the sugar workers are on the breadline. How indifferent and uncaring! The government appears to be flummoxed, and myopic, not knowing the next step – checkmate. They have done everything wrong regarding…
Govt. should allow third parties to verify oil companies’ drilling results – Petroleum Engineer
Guyana would do well to allow third parties to conduct their own analyses of oil and gas companies’ drilling results, says Petroleum Consultant and Engineer, Paul Nicholas Ramsaywack. Petroleum Consultant & Engineer, Paul Nicholas Ramsaywack This verification, he said, can be done using well logs. They contain detailed records of the finds made by companies…
US demands immediate disclosure of details of finds. So should Guyana – Petroleum Engineer
US States, in their dealings with private oil and gas companies, requires that details of finds be immediately reported to the State. Petroleum Consultant & Engineer, Paul Nicholas Ramsaywack. Guyana should ensure there is a mechanism that requires the same from oil and gas companies it is doing business with.That is the advice of Petroleum…
Local Content – Embracing our national interest
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 82 – January 17, 2020 Today’s column returns to the issue of Local Content Policy which appears either to have been drowned out by the excitement of First Oil or in which interest seems to have ebbed – a pattern since the Local…
Renegotiate Guyana-ExxonMobil Petroleum Agreement? Lessons for the Future.
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