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June 7, 2026
  • CNOOC Joins the Trillion Dollar Club
  • GYEITI, Guyana Extractive Industries Transparency Initiative: What is it, and why should we care about transparency in Guyana?
  • Beyond Stratospheric – 2025 Returns for Hess
  • Gas Is Not Oil: Gas Development Without a Plan
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  • CNOOC Joins the Trillion Dollar Club

    May 24, 2026May 28, 2026
  • GYEITI, Guyana Extractive Industries Transparency Initiative: What is it, and why should we care about transparency in Guyana?

    May 20, 2026May 20, 2026
  • Beyond Stratospheric – 2025 Returns for Hess

    May 17, 2026May 20, 2026
  • Gas Is Not Oil: Gas Development Without a Plan

    May 14, 2026May 20, 2026
  • Disagree with Appeal Court devastating overturn of crucial oil spill Parent Co Guarantee

    May 11, 2026May 11, 2026
  • Pres. Ali ‘hijacked’ the term “energy balance”

    May 10, 2026May 10, 2026
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July 10, 2021

  • Ganga Ramdas

The stability of Guyana’s Wealth Fund is predicated on slippery unknowns

News EditorJuly 10, 2021July 25, 202101 mins

Guyana’s Assessed Tax Liability, GY$5.391 billion for the Petroleum Contractors is an outrage. Instead of securing funds for floods, sea defenses, and compensation to farmers for crop losses, the money deposited at the Federal Reserve of New York must now be used to pay Guyana’s tax bill, a situation that will reduce Guyana’s Petroleum share…

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