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Blunt of the day
Sports
(Kaieteur News) – President’s College produced the biggest victory of the day with a commanding 10-0 win over Hope Secondary in the girls’ division as the ExxonMobil Under-18 Schools Football...
Features/Columnists
(Kaieteur News) – Thirty-three years ago, the death of Monica Reece sent shockwaves throughout Guyana. Today, we can look back and say that Monica’s death marked a turning point for violent crime in the country. Guyanese were so shocked by her death and the dumping of her body in the middle...
Sir. Ronald Sanders
By Sir Ronald Sanders (Kaieteur News) – Who speaks for Haiti? It is a question the international community can no longer avoid. For years, governments and international organisations have insisted that the country’s deepening crisis must have a “Haitian-led solution”. The principle is...
The GHK Lall Column
(Kaieteur News) – Exxon’s Guyana head, Mr. Alistair Routledge, created a firestorm in Guyana with an unyielding expression of his company’s position. Though he said much, he was careful to steer clear of certain circumstances, disciplined to silence. What Mr. Routledge didn’t say, I...
Weekend Cartoon
From Blessing to Burden
Nov 13, 2020 Front Page Comment, News
Kaieteur News – Our oil which should have been a blessing is becoming a burden. The numbers tell the story of shady dealings, covetous politicians and cunning middlemen. From ExxonMobil Guyana would get approximately US$200M in 2020. But the bill from CGX for preliminary work on one dry well in the Corentyne block is US$155M. CGX must really think that Guyanese are illiterates and idiots. They must be required to provide the evidence that they actually drilled a well. That US$155M must be fully scrutinized for possible overstated costs. It is the equivalent of renting an apartment for GY$50,000 per month, but the tenant presents a bill for imaginary repairs for nonexistent damages (that he himself caused) totaling GY$60,000. As can be seen, on a net basis, the landlord is paying the tenant for living in the apartment. Now think of the landlord as Guyana and the tenant/operator as CGX. CGX is the kind of tenant/operator that PPPC leaders saw fit to conduct our oil business. It is the same CGX that the APNU coalition was so impressed with, that it gave it a 3-year extension. The way we look at it is that both the PPPC and the Coalition are in bed with CGX. That US$155M confirms our suspicions.
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