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Business

Houston residents remind radioactive storage company about High Court decision, amidst plans to hold public consultations

Three persons- who won a High Court case that blocks Slumberger Guyana Inc (SGI) from carrying on radioactive work at its Houston, East Bank Demerara location-have reminded an environmental consultancy that the company could not restart operations unless it is legally permitted to do so by the Environmental Protection Agency (EPA). The caution was issued through their lawyer,  Jamaican Maylene ...

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Ogle Airport wants to borrow a baggage scanner from Timehri Airport

The Eugene F’ Correia ‘Ogle’ International Airport (EFCIA) has formally asked the Cheddi Jagan ‘Timehri’ International Airport to lend it a baggage scanner, according to Public Works Minister Juan Edghill. “We are not sitting on our hands. There is correspondence from the Eugene F. Correia International Airport to the Cheddi Jagan International Airport of which this minister would have seen, ...

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Old railway station being made tourist attraction- Edghill

The old Georgetown train station would not be demolished but would be rehabilitated into a multi-purpose spot where Guyanese and tourists could go to savour local cuisine, according to Public Works Minister Juan Edghill. Mr Edghill said tourists staying at nearby major hotels as well as workers in the area would be able to dine at the Old Georgetown train ...

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ExxonMobil to conduct study on natural gas offshore Guyana

ExxonMobil, which is the operator in the Stabroek Block, would be conducting studies this year about the natural gas deposits that are offshore Guyana, ExxonMobil Guyana’s Projects Manager Anthony Jackson said. “We have committed to develop and submit a gas utilisation study, a gas development study,” he told a public scoping session on the proposed Whiptail project which is expected ...

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No time frame for parliamentary disclosure of gas-to-energy documents

Despite repeated efforts by the opposition coalition of A Partnership for National Unity+Alliance For Change (APNU+AFC) for a specific date by which government would release the final investment plan and other documents about the gas-to-energy project to parliamentarians, Prime Minister Mark Phillips on Thursday would only say “in due course”. APNU+AFC parliamentarian Ganesh Mahipaul asked whether Mr Phillips would be ...

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Audit report of ExxonMobil’s US$7.3 billion expenses to be ready in March

The report on how ExxonMobil spent  US$7.3 billion in Guyana is expected to be finished in March and would likely be tabled in the National Assembly, Minister of Natural Resources Vickram Bharrat told the National Assembly. Touching on the perceived delay in completing the audit, he said the agreement was for VHE Consulting to finish the audit in 120 “working ...

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ExxonMobil, Qatar helping to draft Guyana’s gas leak management, monetization plans

Qatar is expected to send two experts to Guyana to assist with the development of gas leak and gas monetization plans which are being crafted by ExxonMobil, Minister of Natural Resources Vickram Bharrat said. In response to A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian David Patterson, the minister told the National Assembly’s consideration of 2023 budget estimates of ...

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GY$43.3 billion allocated for natural gas power plant, natural gas liquids plant, transmission lines

The Guyana government intends to spend GY$43.3 billion on the construction of the gas to energy power plant, natural gas liquids plant and the transmission lines, Prime Minister Mark Phillips said Monday. During consideration of the estimates of the 2023 National Budget, Mr Phillips, in response to APNU+AFC parliamentarian Ganesh Mahipaul’s request for a breakdown, said GY$33.672 billion would be ...

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New oil production sharing agreement must allow govt to ask for renegotiation-lawyers

The 2016 Production Sharing Agreement (PSA) between the Guyana government and the ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL),  prevents government from asking for renegotiation of that accord without the company’s agreement, and although the company has the right to request renegotiation, it does not specify what should be the subject of those talks, according to two Guyanese ...

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India-made aircraft for GDF can be certified without affecting Guyana’s global safety rating

Guyana could acquire and certify two India-made planes for the Guyana Defence Force (GDF) without jeopardising this country’s safety rating by the International Civil Aviation Organisation (ICAO), according to the Director-General of the Guyana Civil Aviation Organisation (ICAO), Retired Colonel Egbert Field. “Rating would not be affected,” he said. With President Irfaan Ali already eyeing the purchase of two Dornier-modelled ...

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