Govt. seeking expert advice

Sep 01, 2026 Editorial, News

(Kaieteur News) – Guyana may have been conned out of billions, not because the country lacked oil, but because successive governments failed to adequately protect the nation’s most valuable resource.

That is the troubling allegation being advanced by businessman and Kaieteur News Publisher Glenn Lall, and it deserves more than political dismissal. It deserves a full examination of the books. At the heart of the controversy is ring-fencing—the principle that each petroleum development should stand on its own financially. Under such an arrangement, the costs of one project cannot simply be recovered from the revenues generated by another producing project.