Thursday, May 7, 2026
Village Voice News
ADVERTISEMENT
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us
No Result
View All Result
Village Voice News
No Result
View All Result
Home Letters

Curiouser and Curiouser: Stabroek Block Partners’ Dance of Financial Woes and Legal Issues Reveals Lack of Due Diligence

Staff Writer by Staff Writer
May 21, 2023
in Letters
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Another week has passed, EEPGL on behalf of the Stabroek Block Partners and the Government of Guyana’s dance gets even more “curiouser and curiouser”. EEPGL on behalf of the Stabroek Block Partners has joined the fray with their appeal and utterance. They too, are now crying financial woes in their bid to obfuscate what are legal issues. The choices which have been made prima facie point mostly to a lack of due diligence, due care and internal governance of EEPGL and the Stabroek Block Partners.

At the time of the renewal of a previously existing license/permit, did any of the Stabroek partners’ internal legal departments assess the risks associated with the contents of the document being signed. Was any modelling undertaken? Using the simple management formula: Risk = probability x consequences. Was the value of the probability based on assured “predictable decisions”? Who offered that level of certainty? We are now in the era of the consequences of those choice. Yes, there will be predictable financial fallouts, but this was known before the fact. A choice was made by the signatories to go ahead with the written document as is.

READ ALSO

Global Balance, Local Betrayal: The Evidence They Can’t Applaud

Venezuela/Guyana dispute over Essequibo

While I was on the public consultation road trip in regions 3 & 4, after the submission of the EIA for the Gas to Energy I was informed more than once that everything has to pass through the legal department. This week leaves me wondering if this is the standard of due care and attention paid in the safety aspect of this complex industry, as well.

Further, we have been told in the GtE project, which has moved from free to amortized gas, that there is no excess gas from Liza 1 & 2. This begs the question where is the gas for the GtE being sourced? Did EEPGL on behalf of the Stabroek Block Partners no know this when asked about volumes of gas in June 2022 through the Community Grievance Mechanism (CGM)? To date neither an acknowledgment nor an answer has been received from CGM. Any gas not used for reinjection, electricity, etc will need a feasibility study for use outside of the realms of the FPSO as clearly stated in PSA 2016.

Stabroek Block Partners represented by EEPGL and the Government of Guyana are free to create their own rules which only parties therein and thereto know. However, the people of Guyana and the State of the Cooperative Republic of Guyana are governed by written laws and the constitution which is interpreted by the judiciary. The ruling of the judiciary is binding.

Let us all be reminded of “ignorantia legis neminem excusat” (Ignorance of the law excuses no one). EEPGL on behalf of Stabroek Block Partners have been informed of this jurisprudential maxim through their CGM since May 2022!

Yours sincerely,

Elizabeth Deane Hughes

ShareTweetSendShareSend

Related Posts

Letters

Global Balance, Local Betrayal: The Evidence They Can’t Applaud

by Admin
May 7, 2026

Dear Editor President Irfaan Ali went to Houston and sold the world a story about. “𝗯𝗮𝗹𝗮𝗻𝗰𝗲” 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗳𝗼𝘀𝘀𝗶𝗹 𝗳𝘂𝗲𝗹𝘀...

Read moreDetails
Letters

Venezuela/Guyana dispute over Essequibo

by Admin
May 6, 2026

Dear Editor: It seems that at last the representatives of Venezuela will address the ICJ at Geneva in the coming...

Read moreDetails
Letters

Labour Day Divide: Patronage, Power, and the Betrayal of Workers

by Admin
May 6, 2026

Dear Editor, 𝙇𝙖𝙗𝙤𝙪𝙧 𝘿𝙖𝙮 2026 𝙙𝙞𝙙 𝙣𝙤𝙩 𝙟𝙪𝙨𝙩 𝙚𝙭𝙥𝙤𝙨𝙚 𝙖 𝙙𝙞𝙫𝙞𝙙𝙚𝙙 𝙡𝙖𝙗𝙤𝙪𝙧 𝙢𝙤𝙫𝙚𝙢𝙚𝙣𝙩—𝙞𝙩 𝙚𝙭𝙥𝙤𝙨𝙚𝙙 𝙬𝙝𝙮 𝙩𝙝𝙖𝙩 𝙙𝙞𝙫𝙞𝙨𝙞𝙤𝙣 𝙚𝙭𝙞𝙨𝙩𝙨. It is...

Read moreDetails
Next Post
PC: Katoonarib Village facebook page

Katoonarib; Discovering the Hidden Gem of Wapishana Culture in the Heart of Guyana's Savannah


EDITOR'S PICK

Dr. Mark Devonish

For Christ’s sake…Just Go

February 13, 2022
Minister of Human Services and Social Security, Dr Vindhya Persaud

63 women receive gas stoves, sewing machines to start up business

January 9, 2024
Yohan Savory

Yohan Savory: A Journey from Hobbyist to Renowned Photojournalist with Inked Media Productions

November 12, 2024
Immigrants line up at a remote U.S. Border Patrol processing center after crossing the U.S.-Mexico border on December 7, 2023, in Lukeville, Arizona. (John Moore/Getty Images)

Incoming Missouri state lawmaker introduces bill to give $1K to anyone who turns in illegal migrants

December 9, 2024

© 2024 Village Voice

No Result
View All Result
  • Home
  • News
  • Sports
  • Editorial
  • Letters
  • Global
  • Columns
    • Eye On Guyana
    • Hindsight
    • Lincoln Lewis Speaks
    • Future Notes
    • Blackout
    • From The Desk of Roysdale Forde SC
    • Diplomatic Speak
    • Mark’s Take
    • In the village
    • Mind Your Business
    • Bad & Bold
    • The Voice of Labour
    • The Herbal Section
    • Politics 101 with Dr. David Hinds
    • Talking Dollars & Making Sense
    • Book Review 
  • Education & Technology
  • E-Paper
  • Contact Us

© 2024 Village Voice