Private Sector Commission

The Messy Business of Exxon’s Ogle Head Office – Part 2

News EditorApril 11, 2023February 5, 202407 mins

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,…

New PSA fails to fix source of foreign currency shortage

News EditorMarch 29, 2023July 2, 202306 mins

Chartered Accountant, Christopher Ram has reiterated his position that the current foreign currency shortage is a fallout from the 2016 Production Sharing Agreement for the Stabroek Block and he said Guyanese should note that the much vaunted Model PSA has essentially retained the old foreign exchange framework, which is the source of the problem. Writing…

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The Messy Business of Exxon’s Ogle Head Office – Part 2