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Harmon’s call for 50 per cent royalty is comical

I PEN this letter to you today in regard to something I saw plastered on the front page of the Sunday, October 24 edition of the Kaieteur Newspaper which I find quite laughable. As I am sure many persons are aware, Kaieteur News would usually carry pictures in its publications of persons holding placards as part of their activism in support of their call for renegotiation of the controversial ExxonMobil oil contract signed by the APNU+AFC. In the Sunday edition highlighted above the “protestor” was none other than Opposition Leader, Joseph Harmon, who wore a jersey with writing that called for 50 per cent royalty to be paid to Guyana. Editor, I found this to be hilarious and quite embarrassing for the Opposition Leader; hence, my decision to write to you today.

It is paramount that everyone is reminded that it was the APNU+AFC Coalition that negotiated and signed the very two per cent royalty agreement which Opposition Leader, Joseph Harmon, is now “protesting” against. In fact, a simple Google search will provide evidence of this. As a matter of fact, I reference an article published in June 2017 by iNews Guyana headlined “Exxon Mobil will pay two per cent royalty in new pact with gov’t”. This article provided a very detailed synopsis of the royalty agreement which the APNU+AFC Coalition signed with Exxon. With this in mind, I find it strange that the Opposition Leader would join the “protest” for 50 per cent royalty when it was his government that agreed for Guyana to receive two per cent in the first place. It is either that the picture used on Kaieteur News’ front page of the Opposition Leader was photoshopped or it’s a case of the usual dishonesty from the APNU+AFC.

At the same time, I found this whole thing to be even more comical when I flipped through the pages of the very edition of the Kaieteur Newspaper to find an article highlighting the APNU+AFC Coalition’s incompetent handling of the oil and gas sector. In fact, the article revealed that Suriname was able to secure a US$30.8M signing bonus for a block measuring approximately 2,235km2. However, in the case of Guyana, the APNU+AFC Coalition agreed to collect US$18M for an area that is 12 times the size of the Suriname block.

Editor, the fact that the Opposition Leader is parading around saying that Guyana should demand 50 per cent royalty when his government settled for two per cent is evidence of how inept they are. I trust that all your readers would see the same.

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Guyana Diaspora Forum

We have a large database of Guyanese worldwide.  Most of our readers are in the USA, Canada, and the UK.  Our Blog and Newsletter  would not only carry  articles and videos on Guyana, but also other articles on a wide range of subjects that may be of interest to our readers in over 200 countries, many of them non-Guyanese  We hope that you like our selections.

It is estimated that over one million Guyanese, when counting their dependents, live outside of Guyana.  This exceeds the population of Guyana, which is now about 750,000.  Many left early in the 50’s and 60’s while others went with the next wave in the 70’s and 80’s.  The latest wave left over the last 20 years. This outflow of Guyanese, therefore, covers some three generations. This outflow still continues today, where over 80 % of U.G. graduates now leave after graduating.  We hope this changes, and soon.

Guyanese, like most others, try to keep their culture and pass it on to their children and grandchildren.  The problem has been that many Guyanese have not looked back, or if they did it was only fleetingly.  This means that the younger generations and those who left at an early age know very little about Guyana since many have not visited the country.  Also, if they do get information about Guyana, it is usually negative and thus the cycle of non-interest is cultivated.

This Guyana Diaspora Online Forum , along with its monthly newsletter, aims at bringing Guyanese together to support positive news, increase travel and tourism in Guyana and, in general, foster the birth of a new Guyana, which has already begun notwithstanding the negative news that grabs the headlines.  As the editor and manager of the publication, I am committed to delivering Blog entries and Newsletters that are politically balanced, and focused on the positive ideas we wish to share and foster among Guyanese.

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