The latest Exxon FPSO just sailed into Guyana’s waters. Well, this FPSO’s gonna be sucking out another 250,000 bpd – from the Yellowtail project in the Stabroek Block – starting just before the elections, which we know has gotta be held by November latest!! This gonna push production to 900,000 bpd – to get into the real big leagues of the oil business!!
That our oil is all light, sweet Brent crude – the gold standard of oil – makes it even sweeter!! And that the One Guyana FPSO is designed with advanced gas processing capabilities, with the ability to treat up to 450 million cubic feet of natural gas per day – which is gonna make us a player in the gas business — makes it positively saccharine!!
Exxon started out with just 74,000 barrels per day in Dec 2019, and moved to 616,000 in 2024 – after they’d struck oil in May, 2015. The PNC/APNU/AFC coalition had just eased out the PPP, who’d been at the helm for 23 years. The prospects of oil revenues pouring down the pipeline must’ve played a huge role in convincing the PNC to try that rigging stunt with Mingo and his spreadsheets and soiled bedsheets!! Be that as it may, the PPP’s been using its share of the 500 million barrels pumped out since 2019 to transform Guyana – and in doing so, the political landscape!!
Now, you’d think the Opposition would be happy to see their country developing, wouldn’t you?? After all, for instance, it’s not only PPP officials, but theirs also, who can enjoy all the new modern highways, hotels, restaurants and malls!! But sadly, their response has been to accuse the PPP of “buying out” their supporters – who’re mainly African- and Coloured-Guyanese due to the divide-and-rule policies during colonial days – with the development and creation of jobs, housing schemes, and greater educational opportunities!!
The way they carry on, you’d think that the PPP invented development and improvement of living conditions to attract votes in democratic elections!! Your Eyewitness thinks that the Opposition just never understood development from a perspective of actually doing what it takes to take it from ideas – which Burnham and them are great at!! – to reality!! The Opposition can talk the talk, but just can’t walk the walk – and want us to remain stuck at where we were when Burnham finished with us – in the gutter!!
A sixth FPSO, the Jaguar, is scheduled to begin production by the end of 2027, and of course this will ramp up production higher. We’re already gonna surpass Venezuela’s production this year.
Mad Maduro will be pulling out his hair!!
…on reparations??
The Government of Guyana – led by Pres Ali – has been in the forefront of the call for reparations. Now, following up on the call by leader of our delegation to the Fourth Session of the Permanent Forum on People of African Descent in New York – a call for the countries that committed the greatest crime against humanity: African Slavery – to make amends with reparation, Hilary Brown, representative of the CARICOM Reparations Commission, gave an ultimatum to the gathering – “Enough talk, time for concrete results”!!
Calls for reparations, of course, have been demanded for decades by Caricom, and have been gaining momentum worldwide, particularly in the US Black community and the African Union. Your Eyewitness doesn’t have to go over the rationale after all that’s gone before, does he?? But the backlash against reparations has also been growing – as the stakes have become bigger with the evidence now incontrovertible as to the damage done to the African people – even as the Imperial countries were enriched!!
Your Eyewitness says, “AMANDLA!!”
…from the PNC
Another PNC official has wiped the dust off his feet as far as that party is concerned to join the PPP!! APNU Region Six Councillor Shaun Smith said, “We have the right to support leadership that uplifts all Guyanese, and won’t be silenced.”
