Natural Resource Fund Inflows under Article 14.1 of the 2016 P.A and Section 15 of the NRF Act
Originally Published At: https://www.chrisram.net/?p=2421
Oil and Gas
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Payment of Tax under Article 15.4 (b) and 15.5 of the Petroleum Agreement
Originally Published At: https://www.chrisram.net/?p=2424
Natural Resource Fund faces institutional, Capacity, investment and accounting challenges.
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 117 – December 22, 2023 Introduction The International Monetary Fund and the Inter-American Bank have both expressed concerns about the structure and operations of the Natural Resource Fund, one of the PPP/C’s flagship projects directly associated with the oil and gas economy. This…
Understanding, or not understanding Ringfencing
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 116 – December 15, 2023 Introduction Today’s column returns to the very popular topic of ringfencing in petroleum operations. Column 115 appearing in the Stabroek News of November 24 addressed how Belize, a mini-petroleum state, used the industry’s regulator, the legislation and the…
Belize imposes ringfencing on petroleum companies through its tax legislation.
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 115 – November 24, 2023 Introduction Let me confess to being as surprised as many of the readers of this column, on learning that Belize is in fact an oil producing state! Not a major one – it produces a mere 5,000 barrels…
From Destiny to Prosperity Part 4.
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 113 – November 10, 2023 Introduction This column extends to Mr Trotman compliments and appreciation for his publication. It is not a major work and the ten chapters of the book cover just 50 pages. But he does have the distinction of being…
From Destiny to Prosperity Part 3.
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 112 – November 3, 2023 Today’s column will complete the remaining chapters VI to X of Raphael Trotman’s book. Before I do so, let me acknowledge the articles carried in the Kaieteur News, written by Ms. Kiana Wilburg, their senior reporter in that…
From Destiny to Prosperity Part 2.
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 111 – October 27, 2023 Introduction Today’s column continues with a review of Chapters IV and V of Mr. Trotman’s book. In Chapter IV – Interactions with Exxon and the other Companies, Trotman relates his several meetings with representatives and officials of oil…
Truth eliminates ignorance
Dear Editor, The protection of the public from untruths, half-truths, misrepresentations, and distortions dictates that I make an exception to my unwillingness to engage in any place or in any capacity. As shown in the examples set out in this letter, multiple-part responses in the print and social media to repeated assertions about financial shenanigans…
Bridging Deed sells both patrimony and soul (4th. Instalment)
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 86 – February 7, 2020 Introduction It has been a week of fast-moving events. This past Monday (February 3), the London-based NGO Global Witness released a report Signed Away in which it made the claim that had Guyana properly negotiated the 2016 Petroleum…