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
The AFC at 12: The journey has ended – by Freddie Kissoon
The AFC at 12: The journey has ended31
Has the AFC become a fading superstar? I think the final performance on stage will be 2020. It is definitely outside the scope of one newspaper column to analyse the twelve-year journey of the AFC. The AFC has not had an attractive birth or continuation of its life. It was essentially a middle class formation that followed Raphael Trotman out of the PNC, and Sheila Holder brought a few middle class admirers with her. Continue reading →
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