You are warmly invited to join us for a Moray House Trust panel and discussion: Title: Oil, Gas and the Environment: a reviewSpeakers: Dr Vincent Adams, Frances Carryl (EPA) and Melinda JankiDate: Thursday 9th June 2022Time: 3.00 PM Guyana/ NY/ Toronto …
By Dr Alissa Trotz On May 12th, the UK Guardian ran a story, ‘We can’t eat a new road,’ in which fishermen talked about their livelihoods drying up, and linked it to the oil and gas sector in Guyana that is operating and expanding with official blessing and full immunity and impunity. This connection between…
…Energy Technologist tells EPA solar should be pursued instead of gas-to-shore projectKaieteur News – The associated gas from oil production should be reinjected to save Guyana from further damage to the environment. This is the view of Former University of Guyana (UG) Lecturer and past representative of the Transparency Institute Guyana Inc (TIGI), Mr. Alfred…
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…
Elizabeth Deane-Hughes 26 May 2022 Mr. Alistair Routledge, President, ExxonMobil Guyana, 99 New Market Street, Georgetown. Dear Mr. Routledge, RE: Governing instruments of Guyana vis a vis EIA/EIS for GTE pipeline project & Uaru Project Happy 56th Independence Day Greetings! Trust this finds you and your circle well. I have been attending some of the complimentary…
The Joshua Luke article in SN 2022-05-19 is a crude attempt to link money supply and the Government spending. There are also Consumer spending and Private Investment spending that together influence the inflation rate. It is a leap to just one of the three types of spending, namely Government to inflation: Quote: ‘The money supply…
In the part 4 we described how even before Transparency Institute Guyana Inc (TIGI) began to write on the petroleum contract and advocated for insurance to be included in local content (we had not then made representation for oil spill protection as we began to make recently) Berbice fishermen had demanded oil spill insurance. We…
In part 3 we showed that oil companies seemed to have no trouble providing insurance to protect foreign stakeholders and how moral hazard featured in banking, so much so that it helped bring down the financial system in 2007/8. We also showed that the extent of the Deepwater Horizon damage far exceeded “astounding”. In this…
In part 1 we showed that insurance companies knew how to mitigate the risk of ‘moral hazard’ so that while the tendency of the insured to benefit financially from information asymmetry existed, it could never ever be enough to frustrate a properly functioning insurance market. In part 2 we presented the quote Dr CYT should…
0.00 Intro by Moderator8:50 DR VINCENT ADAMS (comparing 1999 and 2016 agreements)[14:47 Dr Adams: Liability and insurance][21:08 Dr Adams: Absence of data][24:25 Dr Adams: Absence of specifics in the contract]27:44 FREDERICK COLLINS [TIGI][32:15 Fred Collins: Critical contract issues][36:49 Fred Collins: Annex A and Annex B][38:54 Fred Collins: Area Limits for a Single Licence]40:11 DARSH KHUSIAL [OGGN] How Much is Guyana losing on Stabroek Block…
