Guyana Oil & Gas

[pugboy]

right now we really looking desperate looking for a gas deal donor all how

[hover11]

If we don't find one the integrity if the economy will collapse

right now we really looking desperate looking for a gas deal donor all how

[one eye]

Honourable until Guyana organizes themselves and the US shortage, it's not wise to put so much hope into that project.

I do hope it works out.

No reserves in Grenada yet identified as commercially viable, seems like a pipe dream.

When is the mid-term budget review?

[hover11]

Hover wait for the mid-term budget review during the parliamentary sitting before speculating.

Reviewing that should be the first order of business for them.

Set the date!

One eye don't do me that you need to defend the BS in front of us

[Dizzy28]

Since earlier this year two reliable sources, one in the foreign diplomatic corp had told me that Guyana has forex problems.
I saw Newssauce posting about this issue yesterday.

Guyana's govnt will look foolish to their people if they don't seek any deals with any Caricom country that doesn't place Guyana first. Guyana may want to seek to see how best to monetise their gas to their benefit.

https://www.kaieteurnewsonline.com/2025 ... -shortage/

[pugboy]

if they have forex problems it certainly ain’t as bad as us because i know a guyanese who this week was able to purchase a few k usd cash in a bank

[bluefete]

Allyuh trinis gone and buy out de people USD.

Tell Guyana to pay back all the monies T&T loaned her in the 1970's, on which they never repaid one cent.

[The_Honourable]

Allyuh trinis gone and buy out de people USD.

Tell Guyana to pay back all the monies T&T loaned her in the 1970's, on which they never repaid one cent.

And if one day President Ali hands Kamla a check for the borrowed money adjusted for inflation, then what?

[matr1x]

You will have monies

[bluefete]

Allyuh trinis gone and buy out de people USD.

Tell Guyana to pay back all the monies T&T loaned her in the 1970's, on which they never repaid one cent.

And if one day President Ali hands Kamla a check for the borrowed money adjusted for inflation, then what?

You will have monies

Tantie Kams will be smiling all the way to the Treasury if that were to happen. BUT NO, DOTISH ROWLEY ...

Neemakaramenism is a hell of a thing.

"During the 1990s, at the conclusion of the debt forgiveness process under the Paris Club arrangements for Guyana, Trinidad and Tobago forgave Guyana the single largest amount of debt of hundreds of millions of US dollars. This largesse should not be forgotten.'
https://conversationtree.gy/relations-b ... nd-tobago/

Trinidad and Tobago would become Guyana’s biggest bilateral creditor, with this country contracting significant debts from 1974-1985 under Mr Burnham’s People’s National Congress (PNC) regime through the critical Oil Facility, balance of payments support and settlements loans owed to the TT Central Bank.

Unable to meet its obligations, Guyana’s debt to TT jumped to US$402M including more than US$1M in arrears of principal and interest at the end of 1988, according to TT Central Bank Economist, Susan Ramirez. In a 2004 paper for the Economic Bulletin she calculated that upon termination of TT’s bilateral account in 1985, Guyana had built up an accumulated debt of US$205M, growing to US$223M by 1989.

TT took steps to recover the outstanding monies, but Guyana repeatedly failed to pay. Realising renegotiating was futile, Miss Ramirez said TT sought recourse at Paris Club meetings in 1996 to restructure the debt as Guyana was under another IMF structural adjustment arrangement. By this time the amount had soared to US$536.2M.

“In accordance with the Paris Club consensus, TT provided additional debt forgiveness of US$359.2M by reducing the debt stock outstanding to US$176.9M at an interest rate of 6.6 per cent. This debt stock write-off was equivalent to 6.2 per cent of the Gross Domestic Product (GDP) of Trinidad and Tobago in 1997,” she pointed out.

In May 2019, the Finance Ministry disclosed we fully repaid the slashed debt to TT. “Trinidad and Tobago, which was Guyana’s largest bilateral creditor about two decades ago, generously wrote off US$482.5 million or 90 percent of Guyana’s debt as part of the Paris Club arrangements,” it observed in a public debt report.
https://www.stabroeknews.com/2020/10/08 ... -of-salts/

[bluefete]

The ingrate is worse than the thief! Bharat Jagdeo would do well to remember that!

[hover11]

The ingrate is worse than the thief! Bharat Jagdeo would do well to remember that!

How many billions we wrote off Guyana's debt?

[Duane 3NE 2NR]

Azruddin Mohamed has announced his presidential bid in the upcoming Guyana Regional and General elections set for September 1, 2025.

[Dizzy28]

Azruddin Mohamed has announced his presidential bid in the upcoming Guyana Regional and General elections set for September 1, 2025.

He should win and that way the CARICOM neighbours Guyana and Suriname would both have leadership who are international criminals with the inability to travel to every country.

[Duane 3NE 2NR]

^ maybe it’s in fashion now