Dear EPA, My submission on the EIA for the EEPGL Gas to Energy project is prompted by project manager Mr Friedrich Crispin’s justification of it as an alternative source of energy during the presentation of the EIA at the Leonora Technical Institute on Friday May 13, 2022, and on S4(1) of the Environmental Protection Act…
The build-own-operate-transfer (BOOT) financial arrangement has been used around the world to fund important infrastructure in partnership between government and private investors. In this financing model, the private investor upfronts the initial investment cost and expects to be repaid over some time period. The investor has an expected rate of return before underwriting the project….
This week I propose to conclude for the time being, my portrayal of lessons that can be learnt from worldwide experiences with SWFs over the past six decades. Along with the five lessons which have already been presented in the two previous columns, there are several others, equally important, but which can be much more…
Reference is made to SN’s blogger, Justin, (SN August 10 blog on Andre Brandli’s letter). He explained Guyana’s share of oil revenues as follows: “Your mango tree has 100 mangoes which sell for $10,000 on the market. I pay 2% royalty. But I have the right to 75% cost recovery+ 50% profit sharing, and you…
Anglican clergy, including five bishops, broadcaster Richard Coles and Olivia Graham, call on the church to support the aims of the Paris climate agreement by divesting from fossil fuel companies See more here
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,…
Introduction This is the case for renegotiation of the Petroleum Agreements between the Government of Guyana and ExxonMobil (“Guyana-Exxon agreements”). In my article dated 8 December 2017[1], I wrote extensively on the nature and types of stability clauses and their pros and cons. Most notably, what the Model Petroleum Contract describes as a Stability Clause…
The question I respond to in today’s column is: Does the prevailing world energy outlook offer useful policy lessons for Guyana’s benefit, in anticipation of its oil and gas production coming on stream in the early 2020s? The demand/supply appraisal of that market, which was presented in my two previous columns suggests that there may…
Introduction In an advertisement appearing in the national media yesterday, the Ministry of Natural Resources, on its own behalf and that of the Government of Guyana, invited expressions of interest by Consultants desirous of providing services to the Project Execution Unit, presumably of the Ministry, to “conduct an audit of the Recoverable Contract Costs as…
See original source here: http://www.searchanddiscovery.com/pdfz/documents/2018/70320mangal/ndx_mangal.pdf.html
