Tag Archives: Donald Ramotar Administration

GUYANA: OIL: “Wishful thinking” that Payara could be leveraged to renegotiate Stabroek deal – Jagdeo

VP Dr. Bharrat Jagdeo

Vice President, Dr. Bharrat Jagdeo yesterday said that it is wishful thinking to assume that the Payara development permit could have been leveraged to demand a better Production Sharing Agreement (PSA) from ExxonMobil.

The politician delivered his latest rebuke of calls to get a better deal during a press conference at the Arthur Chung Conference Centre. The 2016 deal signed for Exxon’s operations in the Stabroek Block by former Minister of Natural Resources, Raphael Trotman has been widely condemned for a string of poor provisions, including a paltry two percent royalty share. The People’s Progressive Party Civic (PPP/C), which took office in August, has criticised, but refuses to renegotiate, the deal.      Continue reading

AFC wants Police Probe into procurements awarded to the New GPC

Alliance For Change wants Police Probe into procurements contract awarded to the New GPC

Capitol News – 17 January 2013-   The blatant delay in the appointment of Commissioners to the Procurement Commission by the Donald Ramotar Administration, is not sitting well with opposition party, the Alliance For Change (AFC).  The AFC holds seven seats in the National Assembly.

Chairman of the AFC, Khemraj Ramjattan says, in the absence of such a body to have oversight of the Government contracts, it’s the perfect recipe for fraudulent activities.   Continue reading