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The Robber Barons
In reply to Dukes
Dont jump the gun, Dukes
Wait for some economics to trickle down
Soon happen. Just hold on
In reply to sudden
In reply to sudden
i am rooting for ALL those who signed off on this one-sided contract burn in eternal hellfire for giving away the people dem ting - evil i know
we expected Exxon to be caring ?
why blame exxon when we signed off on it?
anyone knows what the Govt. earned from the contract during that same period?
In reply to doosra
So, who signed off on it??? Or is that top secret???
Dont believe I ever heard of anyone accepting responsibility!
In reply to StumpCam
Would you really expect to hear that, I bet you my last dollar that if you find the person responsible, they will tell you it is a good deal.?
In reply to StumpCam
Who authorised Trotman?
Trotman's role should be probed...
Trotman was duly advised
more
they blame each other...one seh the previous laid the foundation and they had little choice
In reply to doosra
The geniuses responsible for that deal are still arguing that half of 65 is 34.
In reply to doosra
Thanks bro!
Trotman had reason to know that his Stabroek negotiation terms were weak. On Friday June 24, prior to signing the deal, he sent the terms to an oil industry expert for review. Working quickly, the expert responded on Monday the 27th. In a brief, the expert told Trotman that Guyana needed far more information about the value of Stabroek and what a fair deal would be Around the same time, Trotman requested advice from a second oil expert. According to the expert, he also told Trotman that the government needed more information about the economics of Stabroek before signing and even suggested where Guyana could get money to hire advisors. Both sets of recommendations were apparently dismissed. , the report said.
Chune change
This is so funny on an MB level but sad in real life
All the boasting and toasting and gloating
This was obvious
When man point this out all last year and maybe before, Richmond Hill massive used to cuss
Make the best of it but protect your environment
Who is the fool who say it have so much forest in Guyana they ent mind if Exxon spoil a few million acres
In reply to Halliwell
Mout mek fuh talk
Like Brexit going release 35 mil to the NHS or something so
In reply to Halliwell
you can't help yourself...but isn't it ironic that it was not "the Richmond Hill crew" that signed off the contract finally? do you see your folly?
but to your point - many Guyanese have been pushing back from day 1 and continue to...Guyanese of all walks...
the fact is we handed it to Exxon...a business entity...they did not force us into signing...so it makes little sense to blame them...we allowed them all the freedom they have by not doing due diligence on every front
In reply to sudden
go easy on the Brits
deh just spent 300m to coronate a king...it's 2023 not 1023
It's called return on investments. What's the big deal?
Dont boo!
Vote!
In reply to camos
When I read that the Govt of Guyana was getting a loan from Exxon prior to negotiations I knew the result would be major disappointment for the country.
Which sensible person borrows from someone prior to a negotiation? The two things don't go together.
What is even more sad is that at the time when Guyana found oil it was one of the least indebted countries in the Region because so many of its loans were very old with low interest rates and many others had been forgiven. The civil servants tried their best. They had turned down the advances of many lenders and refused to borrow unless the lender was prepared to give 20% grant and 80% loan.
In reply to Headley
you are spot on...we the people were in no damn hurry to earn oil money...we were chugging along just fine
but there were things like election cycles, frenism, feeding at the trough etc
look at who is benefiting from oil money and you will see [not that you do not know but i am just saying]
Does Guyana owns any percentage of the project?
In reply to doosra
Noted Doozie.
Keep us updated on how benefits are being shared and whether the most disenfranchised are getting help.
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