Latest update April 10th, 2025 6:28 AM
Dec 17, 2019 Letters
DEAR EDITOR,
Here we go again. The “experts” on oil and gas crawling out to criticise the Department of Energy’s decision to invite bids for the first three shipments of Guyana’s profit oil.
This is despite a detailed and very welcome explanation by the department as to why this path has been chosen. Put simply Guyana’s oil “Liza” is a completely new grade to the market, and its properties for refinery purposes need to be evaluated carefully so as to maximise its price. These are very complex issues and it’s not clear any of the ‘Berbice Chair’ critics have any experience in evaluating oil grades, marketing oil, or in the sector or indeed even any work experience period, other than as professional letter writers.
Now we have Mr Datadin threatening to file for an injunction to stop sales. Hilarious were it not clear that this has nothing to do with the oil sector per se. These folks are simply using it and other manufactured controversies – the reshuffle at Foreign Affairs, the Walter Rodney sign board, the painting of State House green – as part of an increasingly hysterical attempt to get back into power.
As we get closer to becoming a petro state, Jagdeo and his cabal are becoming more panicked. It’s sad because they are willing to sabotage the interests of the nation in order to further their own tawdry ambitions. Stay Calm and Carry on!
Yours sincerely,
Albert Russell
Apr 09, 2025
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