Guyana and the Wider World

The IDB on the fiscal mechanisms of its PSAs

Introduction To round off my evaluation of Guyana’s emergent oil and gas sector in its very first year, I shall report in coming columns on the Inter-American Development Bank’s (IDB) Technical Note, IDB-TN-1994, published August, 2020 and entitled, ‘Traversing a Slippery Slope: Guyana’s Oil Opportunity.’

Project delay risks and updated government take estimate

 Introduction Today’s column starts the wrap-up of my on-going evaluation of several remaining concerns still of great importance to Guyana’s emergent oil and gas sector, in the closing days of the “2020 general crisis,” as I have earlier defined this phenomenon.

Costs, competitiveness and commercial success

Introduction The global competitiveness of Guyana’s infant crude oil and gas sector and therefore foreseeable national economic growth, development and poverty reduction are over-determined by two basic economic variables and how they perform.

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