OGGN's Flawed Analysis
A recent critique by the Oil and Gas Governance Network (OGGN) has been misinterpreting Guyana's oil and gas fiscal outcomes.
The author is responding to OGGN's critique of ExxonMobil Guyana's Country Manager, who stated that the company remains in a negative position on its investment in Guyana.
OGGN took issue with this claim and sought to disprove it by pointing to the reported profits of the oil companies.
The author argues that OGGN's analysis is flawed and catastrophically misinterprets Guyana's oil and gas fiscal outcomes.
Author's summary: OGGN misinterprets Guyana's oil investment economics.