Oct 17, 2020 Letters
As the quest to unearth the lineage of the owners of the Canje and Kaieteur Blocks continues, top politicians within the PPP/C and APNU+AFC, having knowledge of this deal and the machinations of the ownership, continue to hold their peace. The justification for their continued silence is left for public speculation.
Finally! The two charlatans (PPP/C and APNU+AFC) seem to find something, outside of the prying eyes of the public to secretly agree on. One could safely assume that the secrecy maintained on the ownership of the Kaieteur and Canje Blocks is mired in beneficial reasons for top brass in the duo (PPP/C, APNU+AFC). This is the quintessential example of what shared governance or power sharing will bring to the people of this country – secrecy and plundering of the people’s resources by politicians on both sides of the divide, forming an unholy union for their personal aggrandizement. I do hope that this scenario is not too difficult for the average Guyanese to envision, particularly the supporters of APNU+AFC who seemed more prone to accepting their leaders chant for shared governance.
Back to the oil blocks… When it was discovered that the Kaieteur and Canje Blocks, both adjacent to the Stabroek Block, were signed away by president Ramotar days before it was officially announced that Exxon had found oil in commercial quantity in the Stabroek Block; it became apparent that something was not right about this deal. Why did the president sign away these blocks to individuals or companies with relatively low finances and no experience in extraction of oil anywhere, knowing of the difficulty that Kaieteur and Canje presents, being in deep water? Why no background check which would have revealed that one of the companies was not even incorporated at the time of acquiring the property? The rush to acquire these blocks by these individuals added to the president’s willingness to sign away them without due diligence is a clear indication that Exxon had struck oil before it was announced and all the participants in this deal were aware. It was expedient to delay the announcement of Exxon’s first find since that would have derisked the area and attracted attention to this sinister deal – the norm is that oil blocks are auctioned in derisked areas.
In fact, since Exxon farmed in at 35 percent and is deemed the “operator” in both blocks during the APNU+AFC reign, they could have been the instigator in the orchestration of this deal, given that they were already in possession of more blocks than Guyana’s petroleum prospecting and production license allowed – compliments of Janet Jagan.
Exxon don’t play! They had found oil, they have the seismic plan of these two blocks and know the potential of these two blocks. They had to find a way to get their hands on these blocks for the future endeavours of Exxon in the cheapest possible way and in the process, they had managed to “kill two birds with one stone” – tying politicians on both sides of the divide to a common cause – fleecing the people of their birthrights. Hence the silence and secrecy!
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