The Oil & Gas Governance Network (OGGN) Guyana notes that Stabroek News on January 13, 2024 carried a letter by Mr Dhanraj Deonarine with the title “Is the NRF really overstated?” The letter suggests that the claim by Mr. Ram that the Natural Resource Fund (NRF), Guyana’s Sovereign Wealth Fund, is overstated “is not such…
A few years ago, oil companies would bombard the Guyanese people with “frontier country” to justify an embarrassing Stabroek Block contract that is currently paying us a paltry 14.5% or less of total oil revenues. The oil companies seem to have retreated from marketing us the “frontier country” tune after pushback from those in the…
Reference is made to the letter entitled “The legitimacy of the Oil and Gas Governance Network (OGGN) is highly questionable” (Stabroek News, July 27, 2023). In the summer of 2017, OGGN was created as a legitimate non-profit organization located in Hollis, New York, United States of America. The Internal Revenue Service (IRS) of the United…
The drivel (for want of a euphemistic word) of the letter writer, Joel Bhagwandin, does not deserve a response because of lack of substantive information; but to allow it to be sustained in the public domain may give it credence. OGGN is a bona fide non-profit organization. Its members are impeccably clean – IT Specialist,…
