Latest news with #Jagdeo
United News of India
26-05-2025
- Politics
- United News of India
Tejasvi Surya urges global unity against terror
Georgetown (Guyana), May 26 (UNI) Bengaluru South MP Tejasvi Surya, a member of the Indian All-Party Parliamentary Delegation currently touring the Americas, underscored India's uncompromising stance against terrorism and called for global solidarity against state-sponsored terror during his visit to Guyana. Addressing students at Texila American University, Surya highlighted India's zero-tolerance policy on terrorism under the leadership of Prime Minister Narendra Modi. He emphasised India's relentless battle against cross-border terrorism sponsored by Pakistan and urged the international community to unite in condemning state-backed terror activities. He stated: "The world must unite in calling out state-sponsored terrorism and uphold peace. India, through decisive actions like Operation Sindoor, is at the forefront of this global effort." Texila American University, a pivotal institution in strengthening India-Guyana ties, has hosted over 538 Indian students and 76 Indian faculty members since 2010. More than 234 Indian graduates from Texila now serve in Guyana's healthcare system. While some members of the delegation visited the 9/11 Memorial in New York, Surya and Dr Sarfaraz Ahmad travelled directly to Guyana after a grueling 30-hour journey from India. Following this, Surya and the delegation held talks with HE Bharrat Jagdeo, Vice President of the Cooperative Republic of Guyana. Speaking after the meeting, Surya said: "Our delegation met with Vice President Jagdeo and discussed a wide range of issues, including India's fight against terrorism. Jagdeo is one of the most respected leaders of his country and showed keen interest in partnering with India on key development projects. With Guyana discovering new oil reserves and sustaining an impressive growth rate of 30 per cent, the opportunities for Indian businesses are immense. We discussed these areas of synergy and cooperation between our nations." The delegation, led by senior MP Dr Shashi Tharoor and comprising members from multiple political parties, engaged with Vice President Jagdeo — a statesman and former President of Guyana for 12 years. Jagdeo strongly condemned the recent Pahalgam terror attack and expressed firm support for India's Operation Sindoor, aimed at dismantling terrorist networks. The discussions also explored collaboration prospects in key sectors such as infrastructure, energy, fintech, and agriculture. This visit is part of the Government of India's ongoing multi-country initiative to project India's steadfast position against terrorism on the global stage and to garner international support against Pakistan-sponsored terror activities. UNI BDN GNK 1441
NDTV
26-05-2025
- Politics
- NDTV
Guyana Says It "Stands Unequivocally" With India Against Terrorism
Georgetown: "Guyana, stands unequivocally" with India, the nation's Vice-President Bharrat Jagdeo told the visiting delegation of Indian Members of Parliament on Sunday. "We are against terrorism, and we believe that all those who perpetrate terrorist acts must be brought to justice," Mr Jagdeo said after meeting with the team of MPs led by Shashi Tharoor. "It was an excellent visit, and I assured the delegation that Guyana, stands unequivocally with you," he added. In a post on social media platform X, Congress MP Shashi Tharoor, who is leading a nine-member delegation, here echoed that it was an "excellent meeting" and said that he expressed "strong sympathy and understanding for India's concerns in the wake of recent events" -- the terrorist massacre of 26 people at Pahalgam by Pakistan-linked terrorists and India's Operation Sindoor against terrorism infrastructure based in Pakistan and in areas it occupies in Kashmir. Monday is Guyana's 59th Independence Day "and we will be present at the midnight speech by the President (Irfaan Ali) tonight," Mr Tharoor said on Monday in an X post. Emphasising national unity across the political spectrum against terrorism, the team is headed by Tharoor from the opposition Congress Party and includes Shambhavi of the Lok Janshakti Party (Ram Vilas), Sarfaraz Ahmad of the Jharkhand Mukti Morcha, and Milind Murli Deora of the Shiv Sena, as well as Shashank Mani Tripathi, Bhubaneswar Kalita, and Tejasvi Surya of the Bharatiya Janata Party, and GM Harish Balayogi of the Telugu Desam Party, a National Democratic Alliance partner. The delegation now in Guyana is one of the seven teams of members of Parliament fanning out across the world to convey India's position in the aftermath of the terrorist attack in Pahalgam by The Resistance Front, an affiliate of the Pakistan-based Lashkar-e-Toiba. After India's Operation Sindoor struck the terrorist headquarters, Pakistan launched an attack on India that also hit civilian targets like places of worship including temples, gurdwaras and a convent, and a medical facility, escalating the conflict. The Tharoor-led delegation had a meeting with the Indian diaspora. BJP Tejasvi Surya said on X, "Members of the Indian community at Georgetown, Guyana, welcomed our Parliamentary delegation." "We also met with representatives of many spiritual organisations like the Art of Living, ISKCON and the Brahma Kumaris," he wrote. "They serve as the spiritual and cultural anchor for the Indian community here." During the meeting with Guyanese Vice-President Jagdeo, Tharoor said they also discussed economic cooperation between India and Guyana, a fast-developing country whose rise is fueled by the discovery of oil in its waters. "Our conversation also spanned a range of topics relating to Guyana's record-breaking 30 per cent annual economic growth and development plans following the discovery of oil and gas," he said on X. India's High Commisson in Guyana's capital Georgetown said on X that "the MPs delegation elaborated India's position on Pahalgam, #OperationSindoor and the Indus Water Treaty, underlining India's resolute policy of #ZeroToleranceForTerrorism." Mr Jagdeo offered "Guyana's unwavering support to India's fight against terrorism," it added.
Reuters
06-03-2025
- Business
- Reuters
Dispute over energy project in Guyana to be discussed through arbitration
Companies GEORGETOWN, March 6 (Reuters) - An international arbitration court will hear a dispute between Guyana and a consortium led by U.S. firm Lindsayca over a project awarded to build a gas-fueled power plant and a natural gas liquids plant, the government said on Thursday. The 300-megawatt power plant included in the project was expected to be inaugurated in the third quarter this year, but the consortium said it got access to the site late, which has delayed construction for about three months. The International Chamber of Commerce will hear Guyana's government, Lindsayca and CH4 Systems over the delays, the energy ministry said in a release. The project is expected to lower electricity generation costs in the South American country. "It started off with what they claim was a delay in handing over the site," Vice President Bharrat Jagdeo told Reuters in an interview last month, referring to the Lindsayca group's argument. A consortium led by U.S. major Exxon Mobil (XOM.N), opens new tab that controls all oil and gas output in Guyana was responsible for building a pipeline to supply the gas that will feed the power plant. The $1 billion line was completed last year. "Exxon was responsible for preparing this site... so they were delayed," Jagdeo added. Despite the dispute, the transmission lines and substations linked to the power plant are "significantly advanced, with completion anticipated by mid-year," the ministry said in the release. "Both parties remain committed to expediting the power plant and natural gas liquids (NGL) plant, aiming to ensure the timely relocation of the gas and steam turbines, which are already in Guyana," it added.
Yahoo
24-02-2025
- Business
- Yahoo
Guyana waiting for Exxon's gas development plans until end of March, VP says
By Marianna Parraga and Kemol King GEORGETOWN (Reuters) - Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to develop offshore gas, the country's vice president told Reuters. "They said: 'by end March, we will tell you what we will do.' And that's what we're waiting (for)," Vice President Bharrat Jagdeo said in an interview on the sidelines of Guyana's Energy Conference in Georgetown. Guyana is the fastest-growing economy in the world thanks to rapid expansion of output from offshore oilfields controlled by the Exxon-led consortium, in which Hess and CNOOC also participate. "Clearly for us, there shall be a project. We have to monetize the gas, and if Exxon doesn't want to do it, we already said to them... we have a lot of people who are interested in doing this on their own," Jagdeo added. The government, which wants to use natural gas to drive growth in the domestic economy, has progressed to award contracts for power and petrochemical projects that will receive gas supplies. It is also exploring options to develop liquefied natural gas facilities to export the fuel. The government says there is enough gas at Exxon's massive Stabroek block for commercial development, while Exxon says it has yet to complete its assessment of the gas resources in the area. Exxon last week announced the "Wales Gas Vision", which outlined what could be done with the offshore gas the consortium is planning to produce, if its assessment shows commercial development is viable. Exxon did not immediately reply to a request for comment. One of the possibilities could be to jointly develop some gas fields with neighbor Suriname, where offshore reserves have also been discovered, Jagdeo said. Guyana, which will be entitled to about 50% of gas produced at Stabroek after the Exxon group takes some of the output to recover expenses, last year chose little-known U.S. company Fulcrum LNG as its preferred partner for a project to process and export the gas. The startup, which the government expects to partner with the Exxon consortium for that development, has since faced questions over its capacity to execute a project that could need as much as $30 billion. Jagdeo acknowledged external concerns about Fulcrum LNG's capacity, but said the government believes the company's team has the potential. "They (Fulcrum LNG) demonstrated to our team that they had substantive backing, both to take the gas... and also for equity investment and raising the capital. So we are hoping that we could continue the tripartite discussion to make this work, Exxon, Fulcrum and the government of Guyana," he said. GAS TO SHORE The Exxon group reinjects the gas it produces into the oilfields already in operation to maintain pressure at the reservoir. The consortium expects to send a small volume of gas back to shore for power generation as soon as this year, depending on when the power plant is ready. Last year, it completed a $1 billion pipeline from the fields. The bulk of future gas supply is expected to come from the Pluma and Haimara projects, rich in gas resources and seen starting output after 2030. The power project, to be built by a consortium between Texas-based Lindsayca and Puerto Rico-based CH4 Systems, faces problems after a three-month delay to hand over the site. The parties could go to arbitration over the delay, but the project will be completed, Jagdeo said. A separate plan to build a fertilizer plant also connected to Exxon's pipeline could be offered this year through a tender for companies interested, Jagdeo said. Guyana is also trying to clear a standoff with Canada-based firms Frontera Energy and CGX Energy over the expiration of an exploration license for a key offshore block where oil reserves were found. The dispute could also end up in arbitration after the government notified Frontera and CGX that it had canceled the license. Sign in to access your portfolio
Reuters
24-02-2025
- Business
- Reuters
Guyana waiting for Exxon's gas development plans until end of March, VP says
GEORGETOWN, Feb 24 (Reuters) - Guyana's government expects a consortium led by U.S. oil major Exxon Mobil (XOM.N), opens new tab to brief officials by the end of March on plans to develop offshore gas, the country's vice president told Reuters. "They said: 'by end March, we will tell you what we will do.' And that's what we're waiting (for)," Vice President Bharrat Jagdeo said in an interview on the sidelines of Guyana's Energy Conference in Georgetown. Guyana is the fastest-growing economy in the world thanks to rapid expansion of output from offshore oilfields controlled by the Exxon-led consortium, in which Hess (HES.N), opens new tab and CNOOC ( opens new tab also participate. "Clearly for us, there shall be a project. We have to monetize the gas, and if Exxon doesn't want to do it, we already said to them... we have a lot of people who are interested in doing this on their own," Jagdeo added. The government, which wants to use natural gas to drive growth in the domestic economy, has progressed to award contracts for power and petrochemical projects that will receive gas supplies. It is also exploring options to develop liquefied natural gas facilities to export the fuel. The government says there is enough gas at Exxon's massive Stabroek block for commercial development, while Exxon says it has yet to complete its assessment of the gas resources in the area. Exxon last week announced the " Wales Gas Vision", which outlined what could be done with the offshore gas the consortium is planning to produce, if its assessment shows commercial development is viable. Exxon did not immediately reply to a request for comment. One of the possibilities could be to jointly develop some gas fields with neighbor Suriname, where offshore reserves have also been discovered, Jagdeo said. Guyana, which will be entitled to about 50% of gas produced at Stabroek after the Exxon group takes some of the output to recover expenses, last year chose little-known U.S. company Fulcrum LNG as its preferred partner for a project to process and export the gas. The startup, which the government expects to partner with the Exxon consortium for that development, has since faced questions over its capacity to execute a project that could need as much as $30 billion. Jagdeo acknowledged external concerns about Fulcrum LNG's capacity, but said the government believes the company's team has the potential. "They (Fulcrum LNG) demonstrated to our team that they had substantive backing, both to take the gas... and also for equity investment and raising the capital. So we are hoping that we could continue the tripartite discussion to make this work, Exxon, Fulcrum and the government of Guyana," he said. GAS TO SHORE The Exxon group reinjects the gas it produces into the oilfields already in operation to maintain pressure at the reservoir. The consortium expects to send a small volume of gas back to shore for power generation as soon as this year, depending on when the power plant is ready. Last year, it completed a $1 billion pipeline from the fields. The bulk of future gas supply is expected to come from the Pluma and Haimara projects, rich in gas resources and seen starting output after 2030. The power project, to be built by a consortium between Texas-based Lindsayca and Puerto Rico-based CH4 Systems, faces problems after a three-month delay to hand over the site. The parties could go to arbitration over the delay, but the project will be completed, Jagdeo said. A separate plan to build a fertilizer plant also connected to Exxon's pipeline could be offered this year through a tender for companies interested, Jagdeo said. Guyana is also trying to clear a standoff with Canada-based firms Frontera Energy ( opens new tab and CGX Energy (OYL.V), opens new tab over the expiration of an exploration license for a key offshore block where oil reserves were found. The dispute could also end up in arbitration after the government notified Frontera and CGX that it had canceled the license. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
