Government Take & Reported Reserves – Part 6

Introduction

In today’s column I report on the results of modeled projections of the Guyana Government Take ratio. In the online Energy Glossary this Take is succinctly defined as “the total amount of revenue that the Government receives from production. This amount depends on taxes, royalties and Government participation.”

I shall report on ten separate measurements that have been s published by five independent sources. These sources are: 1] Open Oil; 2] Rystad Energy; 3] Wood Mackenzie; 4] Inter-American Development Bank, IADB; and 5] University of Trinidad and Tobago, U of T & T.

The Government Take projections arrived at by the five bodies listed above are reviewed in the order displayed there, in what follows next.