skeldon_man posted:Django posted:"Information on the revenue sharing arrangement with Exxon is based on comments in the media from Minister Trotman, who clearly stated that Guyana will not receive any revenue from production until Exxon has recovered its investment cost. The investment cost is presently projected to be US$6 billion by the time production commences in 2020. Assuming production of 100,000 barrels per day starts in 2020 at current market prices, the US$6 billion in exploration and production costs will not be repaid until 2026. Thus, our Finance Minister must look to the most likely economic opportunities that will revitalize the economy over the next several years."
This doesn't sound right,what kind of deal is this ???
PNC has sold out Guyana for power. America helped installed the PNC at the expense of the Guyanese well being. Power! Power PNC style..by hook or crook
Black Gold.....bhai
PPP screwed up they became too power drunk,I blame that fella BJ.
Made a few post on their blog shortly after they wipe it out,looks like truth and free speech isn't their cup of tea.