Category Archives: Unity

GUYANA: Energy Crisis: The time has come for CSME to play it s role – Letter by Eusi Kwayana

Dear Editor:

In a discussion on Sunday June 19, 2022, the panelists on Observer Radio in Antigua considered a statement by Prime Minister Gaston Brown of Antigua and Barbuda. That statement suggested that it might be necessary for the Caribbean countries in CARICOM to approach Venezuela for a second chapter of Petro Caribe which was designed to help Caribbean countries at the time of Hugo Chavez’s Bolivarian Revolution.

At this point it is good to remember that Trinidad and Tobago during the days of its oil boom had extended credit facilities to some of the Caribbean islands in CARICOM. One of them, Guyana, benefitted from these credits up to its limit of $500M in US dollars, I suppose largely for fuel imports. It was reported that a substantial amount of these debts ($482.5M US dollars) were eventually written off by the Trinidad and Tobago government as Guyana was unable to honour its debt. (See note at end).            Continue reading

The Energy Con-Conference – By Eusi Kwayana

The Energy Con-Conference – By Eusi Kwayana

In advertising and promoting the recent Energy Conference in Guyana the Government promotion said among other things, “Meet and Engage with Energy Experts” of global standing. Never since 1595 when Sir Walter Raleigh promoted Guyana as the home of a golden city has Guyana been in such demand among the money vultures that scour the earth.

First, they were the chartered royal companies empowered by European monarchs to take possession of foreign people they had never seen before and their god-given resources, and do with them as they please. India, Africa and the Caribbean as well as North America have all bled from this experience.          Continue reading