Jun 26, 2026 Editorial, News

(Kaieteur News) – Guyana has become the world’s punching bag. Many come rosy-eyed with expectations. They reap a rich harvest. There is a government that is either unconscious or close to it. Perhaps, the PPP/C Government is part of the schemes that hit this oil rich country hard. Oil rich is an invitation that few can resist. That label invites all so inclined to take advantage of conditions in Guyana. The conditions encourage insiders and outsiders to slip in another sharp jab on a country now too frightened to do anything to save its own skin, even protect its wealth. Those who are skilled at operating in these types of environments have a greenlight to help themselves, to make merry off the backs of Guyanese.

Guyana’s partner to complete the US$2B Wales Gas-to-Energy project, Lindsayca-CH4, was recently successful in extracting US$97M plus legal costs, because Guyana did not conduct its own credible feasibility study. The soil where the two remaining plants are to be erected was too soft, leading to lengthy delays, and that US$99M total. This newspaper tried and tried to get a statement, a commitment, from the PPP/C Government’s leading oil and gas spokesperson on a credible feasibility study done, or being done, and got nowhere. Lindsayca-CH4 got its US$99M, and its own documents indicate that it would need, possibly be approaching the government, for another US$250M to complete the gas conversion plant and the power generation facility. Now, Guyana is only seen as a punching bag that cannot be resisted, one that invites fresh punches. Guyana is also seen as a milking cow whose udders are so full that it would be a crime not to squeeze them to extract more of their richness. It seems that ExxonMobil, another Guyana partner, one that insists it always has Guyana’s interests in mind, has been also positioning itself for more from Guyana.