Latest update July 22nd, 2026 12:47 AM
May 31, 2024 News
Kaieteur News – The Government of Guyana will within one week release draft oil spill legislation to the public for extensive consultations, Vice President Bharrat Jagdeo disclosed on Thursday.
Jagdeo was at the time addressing reporters at his weekly press conference held at Freedom House, Robb Street, Georgetown.
The Vice President said that the legislative framework will set out the proposed procedures for oil spill preparation, planning and response as well as issues relating to liabilities and damages. It will detail the state’s responsibilities and those accountable in the event of an oil spill, whether it be companies operating in the sector or a shipping company.
“Within a week, we’ll get a draft for the Environmental Spill Legislation to ensure that we safeguard the country; fortify it with a law that forces these companies to own liability should there be an oil spill,” he told reporters at a press conference on Thursday.
At a previous press conference, Jagdeo said that the administration is actively studying similar legislation of other countries including the United States (US), to incorporate relevant positions.
“So we have been working at this for a while now, looking at how we strengthen legislatively, so we can have clear legislation on how to tackle these things, there is no ambiguity, just in case these things happen,” the Vice President said.
He underscored the importance of clarity and fairness, stressing the need for independent mechanism to resolve disputes regarding compensation for spills. He noted, “Often oil companies argue if the government comes up with a figure for compensation…they will argue (for) a different figure. So an independent fair mechanism for all of those things.”
Jagdeo further explained that the Government’s aim is to strengthen the law governing any situation in the event of an oil spill.
“We will determine responsibilities both from the states side and from the parties causing the spill, we will determine liabilities in the act who will be liable for what, we would have to have a mechanism that allows us to immediately tackle the consequences of the spill but also a mechanism that could lead to resolution to things like compensation etcetera,” Jagdeo told reporters.
The Vice President also addressed the complexities surrounding liability in cases involving vessels hired by oil companies, highlighting the gaps in existing regulations. He said the new law will cater for spills that occur during the transport of petroleum products.
Jagdeo said, “So if a vessel were to have a blowout, one of these big vessels transporting oil and gas…they may not be associated with Exxon, this is a company that they hire. So who is liable in that instance? And how do we enforce the liability? All of these are questions that we would look at in the legislation.”
Subscribe to get the latest posts sent to your email.
Jul 22, 2026
2026 New Zealand tour of West Indies ODI Series match 5… – Kiwis (3-2) steal 5-match Series By Clifton Ross Kaieteur Sports – Two crucial yet entertaining half-century knocks from the...Jul 22, 2026
(Kaieteur News) – There are few propositions in modern development thinking more seductive and more misleading than the claim that prosperity begins with “strong institutions.” It has become the secular gospel of our age. The World Bank preaches it. The International Monetary Fund...Jul 19, 2026
By Sir Ronald Sanders (Kaieteur News) – Few issues test the sovereignty of small states more severely than requests made by powerful friends. How should a country respond when cooperation is expected, but the proposed terms exceed its legal, financial and institutional capacity? That question...Jul 22, 2026
Hard Truths by GHK Lall (Kaieteur News) – A national disaster is when men dig deep. They find the best in themselves. Be it from force majeure or manmade, a national disaster is the worst time for spinning. Continuing membership in a political party isn’t worth it. Nor misplaced sense...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com