Five political parties see need to renegotiate oil contracts

The presidential candidates present at the debate on Thursday. From left, Dr Asha Kissoon (TNM), Rondha-Ann Lam (TCI), Lennox Shuman (LJP), Robert Badal (CG) and Ralph Ramkarran (ANUG).

Presidential hopefuls from five of the smaller new parties contesting the general and regional elections all have on the agenda the renegotiation of the oil contracts and the need for supporting other industries through revenues received from the oil & gas sector.

The candidates were asked the question at a debate which was hosted by the University of Guyana Workers Union in collaboration with Move On Guyana Inc. According to the University’s vice-chancellor, Dr Paloma Mohammed, debates are a staple in academic institutions.

Mohammed stated that she was surprised that a presidential debate has not happened prior to last evening’s event, while acknowledging that although the event was happening late in the season, it was better late than never.