Legal

Corrections Record

Material corrections to FCG's published positions and the factual anchors on which its work relies

Effective: 28 June 2026Last Updated: 28 June 2026

Related Legal Pages:AI Charter →IP Notice →Privacy Policy →

About this Record

Forrester Consulting Group maintains a public record of material corrections to its published work and to the recurring factual anchors on which that work relies. We publish it for the reason set out in our AI Charter (Article 4.4): a firm that publishes its corrections is a firm that can be trusted to have a verification standard at all. We treat our corrections as evidence that the firm's verification discipline is real and working — not as something to be hidden.

This record logs corrections to recurring factual anchors — the verified data points the firm relies on across deliverables — and material corrections to specific publications. Corrections are handled under a single protocol regardless of how an error arose. Where an error traces to a production step, that step is reviewed and tightened so the failure is closed at the level of the routine, not merely the single document.

1 — Gas-to-Energy (GTE) electricity tariff

Corrected position. In the Gas-to-Energy context, the confirmed current electricity tariff is approximately US$0.16 per kWh (PUC-confirmed, pre-commissioning). The widely cited US$0.11 per kWh figure is a government policy commitment — a projected 50 per cent reduction — and is not a PUC-approved or operative tariff. Figures of US$0.08–0.10 per kWh are analytical estimates only and are not official.

Superseded. Any material that presents US$0.11/kWh, or US$0.08–0.10/kWh, as the confirmed, operative, or gazetted GTE tariff is superseded by the US$0.16/kWh anchor. Tariff relief is expected in stages — partial from late 2026 and the full reduction from mid-2027 — subject to formal PUC approval.

Status. Anchor materially updated May 2026 and propagated across affected deliverables. Maintained in the FCG factual-anchor registry.

2 — Dragon gas field attribution

Corrected position. The Dragon gas field lies on the Trinidad–Venezuela maritime boundary and is developed by Shell with Trinidad and Tobago's National Gas Company. It is not a Guyana asset and has no Guyana involvement.

Superseded. Any reference describing a "Guyana Dragon field", or associating the Dragon field with Guyana's gas resources, is incorrect.

Status. Standing anchor maintained in the FCG factual-anchor registry.

3 — Firm name

Corrected position. The firm's name is Forrester Consulting Group (FCG).

Superseded. "Forrester Consultancy Group", and similar variants, are incorrect. "The Forrester Group (Guyana), Inc." is the parent company; "The Forrester Group" is an identity mark, not a name for the advisory firm in running text.

Status. Standing house-style rule.

4 — Stabroek Block equity and operator

Corrected position. Stabroek Block equity is held by ExxonMobil (45 per cent, operator), Chevron (30 per cent), and CNOOC (25 per cent). The operator is ExxonMobil Guyana Limited. Chevron's interest is the former Hess Corporation stake.

Superseded. Following Chevron's acquisition of Hess, the "Hess" shorthand for the 30 per cent interest is deprecated; references should read "Chevron (formerly Hess)".

Status. Updated following completion of the Chevron–Hess transaction. Maintained in the FCG factual-anchor registry.

Report a possible error

If you believe an FCG publication contains a factual error, we want to know. Material corrections are logged here under a single protocol, regardless of how the error arose.

Email: robert@forresterconsultgy.com

Telephone: +592-683-5373

Forrester Consulting Group is a member of The Forrester Group (Guyana), Inc. Publishing imprint: The Sovereign Press.