The Ministry of Governance and Parliamentary Affairs has it all wrong

Every Man, Woman and Child in Guyana Must Become Oil-Minded -Column 154 Introduction By its very name, the Ministry of Governance and Parliamentary Affairs should defend and advance democracy, promote and ensure transparency, and strengthen and enforce accountability. Regrettably, the Ministry, in pursuit of the party’s agenda, is increasingly a convenient vehicle for political deflection…

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Could Guyana escape the natural resource curse? Part 4 – Some Dutch disease scenarios

In the previous column we explored the possibility of Guyana becoming a petro state overnight. A petro state is one in which most government revenue comes from oil royalties and profit share. The government is then tasked with spending and distributing these funds among competing interests. The last column was sceptical about the Guyanese state’s…

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Renegotiate contract

Adding new FPSOs which reduces the economic life of the Stabroek Block is a premise for renegotiation of Exxon’s contract

By Stabroek News September 21, 2022        Dear Editor, In a SN article dated 8/15/2022 and captioned, ‘Guyana set to receive 12 lifts of profit oil for 2022 – Ministry’, it is reported ‘…that the expected total production of oil in 2022 is 93.6 million barrels of oil… (from which) …Guyana will get an estimated 12…

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Cabinet’s hydro project ‘no objection’ may be ill-advised

A reader might be misled by the Government’s current enthusiasm to start construction of this small dam (by global standards) in the remote Kuribrong River; SN 01 November ‘Cabinet gives China Railway ‘no objection’ for Amaila hydro project’.  The Cabinet appears to have been persuaded by Vice President Bharrat Jagdeo that the Norwegian advisers, Norconsult,…

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