OGGN United Nations submission on Guyana is now posted on UN website
On the UN website, at this link: https://tbinternet.ohchr.org/_layouts/15/treatybodyexternal/Download.aspx?symbolno=INT%2FCCPR%2FCSS%2FGUY%2F57380&Lang=en, you can now find the OGGN’s submission to the United Nations. Or here:
Gov’t cannot be making excuses about deferring oil returns to some future date
Equity ownership in a business implies that an investor becomes a shareholder; and therefore, has access to complete information; has decision-making authority that is based on the relative size of the funds invested; and receives a share of the total profits, calculated on the shareholder’s ownership of the total invested funds. In the case of…
ExxonMobil Guyana Limited profit squeeze
A distinguishing feature of the Production Sharing Agreement (PSA) between ExxonMobil Guyana Limited (EMGL) and the Government of Guyana (GOG) is the contrived way in which total cost is specified in the business. In particular, the total cost (TC) is specified as: TC = 0.75TR = 0.75PQ, where TR is total revenue, P is the…
Ram and McRae 2024 budget review
This document is posted with permission from Ram & McRae. The opinions in this document do no necessarily reflect the views of OGGN.
Venezuela achieved all that they set out for in their 2021 Acuerdo and the Joint Declaration of Argyle
In his letter published in Stabroek News on 13 January 2024, Mr. Nascimento re-stated my position. In his words, ‘it is only Venezuela which is the aggressor and, by its Referendum, threatens the use of force’. Why, then, would Guyana have felt pressured ‘with equivalence’ [Nascimento’s words] to let stand Point 1 of the Joint…