Sharma Solomon MP has re-opened questions about the economic viability of the Jagdeo-era proposed Amaila Falls hydropower dam on the Kuribrong River in Region 7 (‘Solomon seeks disclosure of Amaila Falls costs’, Kiskadee Watch, October 02 2026). In addition to doubts about the viability of this small generator (165 megawatts), the government also needs to…
President Ali frequently parrots the “sanctity of contract” in discussions of the Stabroek Block Petroleum Agreement (PSA) to convey that Guyana cannot change the contract. Yet the agreement was amended on April 26, 2019, by President Granger, to ensure that the 2% royalty could not be treated as a recoverable cost (see Stabroek News). Thus,…
Exxon’s Alistair Routledge usual full of himself outburst that “It’s not our job to build the nation…they didn’t vote for us…we are not representatives of the people” in response to a media question about Guyanese demanding more from his company, was typical of his imperiousness and disdain for the Guyanese people from the day he…
If you have a large mortgage, you know how much it can shape every major financial decision. Do you replace a refrigerator that is on its last legs or a noisy washing machine? Do you keep the car for one more year to avoid straining the monthly budget? A large mortgage constrains financial flexibility. When…
Guyana is expected to earn US$6.5 Billion from the country’s share of profit oil and royalties in 2026 (Bank of Guyana (BoG) report section 3.64 on page 21, (https://finance.gov.gy/wp-content/uploads/2026/09/Mid-Year-Report-2026.pdf ). While US$6.5 Billion is a significant amount, and it is much larger than what Guyana has collected in any year in the past, the question…
Almost three weeks ago, the Department for Public Information published a Press release for the Guyana Geology and Mines Commission (GGMC), an advisory notice on the sale and transfer of mining lands (September 01, 2026,https://dpi.gov.gy/press-release-ggmc-issues-advisory-on-the-sale-and-transfer-of-mining-lands/). This notice followed weeks and months of reports of some kinds of acquisitions of GGMC concessions for exploration and mining…
Almost three weeks ago, the Department of Public Information published a press release for the Guyana Geology and Mines Commission (GGMC), an advisory notice on the sale and transfer of mining lands (September 01, 2026, https://dpi.gov.gy/press-release-ggmc-issues-advisory-on-the-sale-and-transfer-of-mining-lands/ ). This notice followed weeks and months of reports of some kinds of acquisitions of GGMC concessions for exploration…
In the past week, several commentators have stated that the spot price of Brent crude has been between US$120 and US$150 per barrel. This contrasts with the Brent crude futures price, which has been around US$105 per barrel. In its First Half Report for 2026, the Bank of Guyana (BoG) stated that the average price…
On a per capita basis, Guyana is one of the very well-endowed countries in the world; for it has oil and gas, gold and diamonds, and many other minerals, as well as arable lands. Also, Guyana has a rich diversity of plants animals and marine life; and it has many creeks and rivers. Table 1…
