Kaieteur News

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Local content is NEWS not a substitute for a fair deal - Dr. Jan Mangal AIETEUR

Guyana’s largest selling daily & New York’s most popular weekly

Friday Edition September 18, 2020 -Vol. 22 No. 36

Online: www.kaieteurnews.com Price $80

Online readership yesterday, 126,987

Kaieteur and Canje block owners set the stage for secrecy before selling majority shares to Exxon

Who really owns the Kaieteur and Canje oil blocks?

Mr Mike Pompeo...

You defended democracy, will you promote transparency? For the second day running, we welcome US Secretary of State, Mike Pompeo, and urge him to ensure that US investments are not commingled with dubious and secretive deals. We are concerned that the lack of information on the bona fides of the ownership of the Canje and Stabroek blocks can deter US investment in Guyana’s oil and gas sector or can encourage illegitimate deals which can tarnish US reputation in the Region. It is for this reason that we emphasize that the US has an interest in demanding that a transparent regime be established to facilitate US and other investments in Guyana. The revelation of those who are the principal beneficiaries of the Kaieteur and Canje blocks would lend to the sort of transparency necessary to create an enabling environment for investment If there is one lasting benefit that can emerge from Mr. Pompeo’s visit, it would be to advocate for the disclosure of the identities of those behind the lucrative Canje and Kaieteur blocks.

Do the leaders of this land care to tell the nation?


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