Guyana’s people deserve a candid assessment of this project because they are the ones who will live with its consequences.”, See more here: https://www.kaieteurnewsonline.com/2020/08/29/apnuafc-approved-liza-phase-one-permit-same-day-it-received-exxons-1500-page-environmental-impact-assessment/, Your information hub for topics on Guyana's energy future, Please Sign: We Urge The Guyana Government To Renegotiate All Oil Contracts.
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The four-column headline, “Delays could risk long-term value of Guyana’s oil” in the state-owned paper is wrong-headed. The average reader can readily recognize the false reasoning here(2) Long-term delays are risky. If you continue to browse and use this website then you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy to this website. The deserving people of Guyana lost US$100’s million and even billions by these two awards, by this forfeiture of our natural resource wealth. Lightest, most efficient motor oil available. Despite all the experts advising that Guyana should use the approval of the new Payara oil well as an opportunity to leverage a better deal with Exxon going forward, in a recent press conference, the Guyana government through its chief spokesperson, Vice President (VP) Mr. Jagdeo, said the Payara approval is not a “make or break” moment for Guyana. – then the PPP must worry if people think it has utmost contempt for the people of Guyana. While some of our politicians divide our people by inciting racial riots, Exxon is laughing all the way to the bank, wallowing in enormous profits from the first oil well called Liza 1 in Guyana.
The regulatory body is being sued for giving ExxonMobil a 20-year permit when the law only allows for five-year permits to be issued. In plain English, Esso, Hess, CNOOC Nexen and the Government of Guyana can amend any term of the Petroleum Agreement if they all agree. 0 Comment September 13, 2020.
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Is it not complete dereliction of duty of a public servant to squander the country’s wealth?
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