Home » Guyana News Updates, October 20, 2022

Guyana News Updates, October 20, 2022

by terrence richard blackman
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US Department of Commerce Caribbean Trade Mission & Conference

October 23-28, 2022

Miami and various Caribbean markets


Caribbean Investment Forum

November 8-11, 2022 – Trinidad


Caribbean Investment Forum launched with focus on building resilience and boosting investment in the region | Caribbean Export


Exxon joins Guyana court case in defense of its Liza Phase 1 permit: OilNOW

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has been granted a court order to join proceedings in a suit brought to the Guyana Supreme Court that challenges the validity of its Liza Phase 1 environmental permit. Danuta Radzik, a local activist and Sinikka Henry, a lecturer at the University of Guyana, who are represented by activist and international lawyer Melinda Janki and Abiola Wong-Inniss, had filed a court case against the Environmental Protection Agency (EPA) seeking to overturn its decision to grant EEPGL a five-year extension on its Liza Phase 1 permit.

Guyana engaging Facebook for removal of false maps, information about its border with Venezuela: OilNOW

Representatives of the government of Guyana on October 19 met with senior personnel from popular social media platform, Facebook, the state information arm said. The parties, on a virtual meeting, discussed the removal of illegal maps and false narratives being peddled on the mentioned social media platform, regarding Guyana’s border with Venezuela. On the government side, the meeting with Facebook was attended by Foreign Secretary Robert Persaud with support from the Head of the Frontier Unit, Donette Streete.

New local catering consortium to get tax waivers for Guyana oil sector market: OilNOW

Guyana’s government is working to see major local caterers tap into the multi-million-dollar catering industry for the nation’s petroleum sector. To achieve this, the Minister of Natural Resources Vickram Bharrat; Director of the Local Content Secretariat Martin Pertab and other key ministerial and government officers met with over 100 Guyanese-owned catering services to discuss how a consortium can be formed to bid and supply food to the two offshore floating, production, storage and offloading (FPSO) vessels.

National Gas Strategy will open new opportunities – Ali: Guyana Times  

…as oil blocks set aside for bilateral partnerships

Work is ongoing on a National Gas Strategy that, according to President Dr Irfaan Ali, will help to open up new opportunities for trade and energy security between Guyana and its bilateral partners. On Tuesday, the President, in a joint press conference with British High Commissioner to Guyana, Jane Miller, OBE, spoke about opportunities for trade. Noting the importance of energy security, the President said that the National Gas Strategy being worked on would open up new opportunities for trade.

The intent was always to simplify my analysis of the oil sector: Stabroek News (Letter to the Editor) by Joel Bhangwandin

Reference is made to Deryck Daly’s letter to the Editor of Stabroek News dated October 18, 2022, with the caption, “Bhagwandin’s computing model seriously overestimates oil production OPEX and CAPEX”. Mr. Daly raised some valid points in his letter. There is really no right or wrong answer. Thus, this letter is not meant to engage Mr. Daly in a debate per se, as I have done with Professor Hunte and Ram et.al, but to offer some clarifications on the questions raised on the computation.

Chris Ram projects himself as one who has a monopolistic authority on oil and gas and financial matters: Guyana Chronicle (Letter to the Editor) by Joel Bhangwandin

REFERENCE is made to Christopher Ram’s letter to the Editor of Stabroek News dated October 12, 2022, and part one of my response thereto published in the Stabroek News and the Guyana Chronicle editions of October 15, 2022. As I have demonstrated in my first response which was not carried in its entirety by Stabroek News, Christopher Ram sought to discredit my professional and academic credentials cleverly and mischievously, but failed miserably.

GYSBI, SES receive local content certificates, master plan approved – News Room Guyana


Government forges massive strategic partnership to develop motorsport in Guyana – News Room Guyana


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