TIGI Article

Country must see Exxon’s reports for relinquishment of oil blocks – TIGI President

…Jagdeo does not own the country’s resources  Kaieteur News – President of local watchdog organization, Transparency Institute Guyana Inc (TIGI) Frederick Collins is calling on the Government of Guyana (GoG) to release the reports submitted by ExxonMobil, outlining the impacts of the COVID-19 Pandemic on their operations. The quarterly reports were a prerequisite to the extension…

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Fish catches decline began around the same time as the beginning of offshore oil production

Fish catches decline began around the same time as the beginning of offshore oil production, at the end of 2019

These four posters focus on Bangamary (scientific name Macrodon ancylodon, also known as King Weakfish in neighbouring Suriname), the most affordable fish in Guyanese coastal markets and available throughout the year. The posters are part of the public dissemination of research findings supported by a Canadian Government SSHRC Insight grant (2022-2024) awarded to Dr Janette…

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An alternative PSA model

An alternative PSA model such as the Gross Split Model eliminates contested areas in current contract

It has been eight years since large oil reserves were discovered off the shores of Guyana, but the nation has only reaped a measly 14.5% of total oil revenues since oil production or more accurately oil extraction started in 2019. The remaining 85.5% have been captured by foreign oil companies. In fact, the Stabroek Block…

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grappling with modernisation

We are grappling with modernisation of legislation by the crudest of processes

International measures of economic growth – usually expressed as Gross Domestic Product – add the tremendous growth in the enclave economy of ExxonMobil and co-venturers to the small locally-controlled business achievements.  The official GDP figures contrast with the 48 per cent of the population living below the World Bank’s estimate of the poverty line. The…

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Ability to service burden of debt relies almost exclusively on Guyana’s share of profit oil

Ability to service burden of debt relies almost exclusively on Guyana’s share of profit oil

A letter entitled “Notions that the level of borrowing is reckless are far-fetched” penned by Mr. Bhagwandin was published earlier this week in Stabroek News (August 8, 2023). The backdrop to this letter is as follows. The National Assembly approved, last week, a new debt ceiling to facilitate greater borrowing. Guyana’s domestic public debt ceiling…

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newspapers

Newspapers who publish accusations, critiques of OGGN, but who do not publish OGGN responses

Newspapers publishing letters with allegations and refusing to give the accused space for a response is unethical journalism. The following papers have published accusations against OGGN but refused to publish our response: Our response to these critiques is here: https://www.oggn.org/2023/07/29/oggn-is-a-legitimate-non-profit-organization-registered-under-the-irc-section-501c3/

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