Guyana to Compensate 20B for Oil Spill

Guyana would be left to foot costs of over US$20B yearly compensating Caribbean islands for an oil spill – Environmental  activist, Janette Bulkhan

Kaieteur News – Pre-pandemic statistics available for 10 Caribbean islands that can be affected by a devastating spill in the Stabroek Block shows that Guyana would have to foot costs of over US$20 Billion a year for affecting the beaches these countries rely largely on for tourism. This point was shared by activist, Janette Bulkhan in…

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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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