Opinion
Key details missing on US$55b cost-recovery milestone
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…
Article 6, Part I: Before the Second Pipeline: Guyana Needs a Gas Portfolio, Not Just More Projects
Before Guyana decides how much infrastructure to build, it needs an independently understood picture of what gas will be available, when, and under what reservoir constraints The editor created these infographics for understanding, but Anthony Paul has not validated them. They may lack technical precision, but they remain a useful resource for general readers. By…
More equitable agreement on sharing of total oil revenue must be found!
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…
Will the GGMC pay more attention to its legal powers over mining concessions?
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…
Customary property of Amerindian Villages and Communities being regularly traded without any benefits to rightful owners
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…
Apparent discrepancy of US$604m in oil revenues for first half of this year
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…
Time for the Sanctity of Contract Circus to come to an end
Every Man, Woman and Child Must Become Oil-Minded: Column 201 President Irfaan Ali recycles the argument so often that it is now official doctrine: the 2016 Stabroek Block Petroleum Agreement is a bad deal for Guyana, but “sanctity of contract” prevents renegotiation. In his recent Al Jazeera interview, Ali again asserted the Agreement was bad…
We must know in detail what natural resources we have
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…
39.8% profit share means Ring Fencing but short-lived with many questions – looks fishy!
Dear Editor, 39.8% profit share means Ring Fencing but short-lived with many questions – looks fishy! There has been an array of public missives about the welcomed oil profit share to Guyana being more than tripled to 39.8%, or approximately G$8 Billion (B) per day at the current production rate and oil price. However, what…