Stabroek News

Natural resources watchdog seeks guidance on aid offer from ExxonMobil

-

Natural resources watchdog GYEITI on Tuesday queried how it should respond to offers of aid from US oil company ExxonMobil and was told that it should use “good judgement”.

This was the advice of Dr Francisco Paris, representa­tive of the Extractive Industries Transparen­cy Initiative (EITI) Internatio­nal Secretaria­t to members of Guyana’s EITI and attendees on the final day of a two-day capacity building workshop on Tuesday.

EITI is a global body aimed at good governance of oil, gas and mineral resources. A local chapter has been set up and will among other things track all payments by ExxonMobil to Guyana.

The closing day of the workshop featured presentati­ons on the EITI reporting cycle, communicat­ions strategy, social and economic spending, understand­ing systemic disclosure of EITI informatio­n, revenue allocation and an open discussion with a questions and answers segment.

During the discussion­s on disseminat­ing informatio­n about the EITI and its role in the country, Coordinato­r of the National Secretaria­t of the Guyana-EITI (GYEITI), Rudy Jadoopat questioned Paris and Gisela Granado, another representa­tive of the internatio­nal body, on how to go about responding to offers of assistance from private sector entities.

He noted that currently the GYEITI has received offers from ExxonMobil for assistance but they are unsure of how to deal with them.

“In Trinidad and Tobago I was part of a workshop that was sponsored by Repsol. They paid the hotel venue and when we were there we said publicly we were grateful to the contributi­ons of Repsol. We made it public; so exercising your good judgement is important. You don’t have anything to hide so just say it,” Paris explained

He said that if there is a community event where a local company is positioned, then there is no problem with having them facilitate the event once their contributi­ons are publicly disclosed.

“It is nothing suspicious if you don’t make it suspicious,” he said, while pointing out that they should refrain from accepting cash and only use the private sector entities to facilitate or sponsor events.

Paris and Granado were also questioned about where they can secure funding to assist with the GYEITI’s informatio­n disseminat­ion programmes, especially for the indigenous communitie­s that are hard to reach.

Granado explained that while she was working with Trinidad and Tobago’s EITI, they had approached Petrotrin to fund a disseminat­ion workshop, which they agreed.

“We also had funding from the World Bank and we were very creative but we were proactive. We went after the British Embassy. We went after every embassy, every donor that you could think of, every company and we were aggressive, and I think you need to align the interest of companies, or those who have funding with the institutio­nal donors and then see how you can use that funding,” Granado explained.

Along with representa­tives from the GYEITI’s Multi-stakeholde­rs Group (MSG), officials from the Guyana Geology and Mines Commission, Guyana Revenue Authority, Environmen­tal Protection Agency and the Government were also present.

The aim of the workshop was to build capacity between the MSG and the relevant stakeholde­rs who GYEITI will be interfacin­g with, when compiling its annual reports.

 ??  ?? Extractive Industries Transparen­cy Initiative (EITI) Internatio­nal body representa­tive Gisela Granado making a presentati­on at Cara Lodge.
Extractive Industries Transparen­cy Initiative (EITI) Internatio­nal body representa­tive Gisela Granado making a presentati­on at Cara Lodge.
 ??  ??
 ??  ??

Newspapers in English

Newspapers from Guyana