The IMF, the World Bank, the IADB, the European Investment Bank, leading economists (e.g. former World Bank Chief Economists Lord Stern and Joseph Stiglitz,), the Institute for Energy Economics and Financial Analysis, and a host of other financial and industry experts can all give you excellent reasons why Guyana should not touch gas.
Guyana should leave the gas right where it is – as Esso’s problem.
Guyana should enforce the environmental permit, not subsidise Esso’s production by taking worthless gas.
To get the gas, Guyana would have to build a pipeline and other infrastructure.
A World Bank report from 2017 says Guyana has little or no gas market.
