Dr Jan Mangal, former petroleum adviser to President David Granger yesterday disclosed on his Facebook page that someone in government had proposed sole-sourcing the sale of Guyana’s oil to mining and commodities giant, Glencore. Mangal’s statement follows his declaration that in the coming weeks he will outline a number of things including the “mechanism used…
– Resolve discrepancies in pre-contract costs– Probe cost anomalies between Liza 1 & 2– Review taxes paid by Guyana for oil companies– Review unspecified interest rates on oil companies’ loans– Improve weak environmental standards– Regulate amount of oil being produced A group of 17 civil society professionals in the diaspora are calling on President Irfaan…
ExxonMobil’s Kimberly Brasington, Senior Director, Public & Government Affairs, recently made several comments to the media and at public/private gatherings in Guyana that give the impression to Guyanese of being condescending and pompous. In response to Ms. Brasington remarks to the Guyanese public; I have presented below a few questions for Ms. Brasington to answer….
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 108 – April 9, 2023 Introduction Part 107 of this column took up the issue of the construction of a Head Office building by Esso Exploration and Production Guyana Limited at Ogle, ECD and asserted that the whole saga is rife with misrepresentation,…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 140 President Irfaan Ali enjoys his encounters with international journalists, including BBC’s Steve Sackur and more recently New York Times’ International Climate Correspondent, Somini Sengupta. While the President has ably navigated the questions posed to him, he has benefitted from some important questions…
On Tuesday December 1st, 2020, it was reported in the Kaieteur News that VP Jagdeo made the statement, “… We made it clear that when they come for a production sharing agreement for the Kaieteur Block, (it would not have the same loopholes as those which exist in the Stabroek agreement). It would be a very…
Originally from: https://www.stabroeknews.com/2019/02/24/news/guyana/exxon-getting-epa-approval-for-liza-phase-2/ Start of original publication from Stabroek News (comments by OGGN in at the bottom of article, in purple) February 24, 2019 ExxonMobil is expected to receive its permit from the Environmental Protection Agency (EPA) this week for its Liza Phase 2 operations in the Stabroek Block, offshore Guyana, after assuring the…
The previous column explored how the lack of economic research capacity might have contributed to the lopsided contract in favour of ExxonMobil. One misconception that is often expressed in various Guyanese quarters is observers like yours truly never worked in the oil industry, therefore, we do not know about negotiating a PSA-type oil contract. Indeed,…
Has anyone asked the fish or fishermen? MARAD notice number 30 (2023) published on February 24 is for 8 months of geotechnical and geophysical surveying in the vicinity of the Demerara Main Ship Channel near Plantation Best and covering 70 square nautical miles. MARAD notice number 31 (2023) published on February 22 is for 5…
