Tag: Ministry of Natural Resources (MNR)
Guyana’s suspension from EITI lifted as 2020 report submitted
The Ministry of Natural Resources is pleased to announce that Guyana’s suspension from the Extractive Industries Transparency Initiative (EITI) has ... Read More
Gov’t announces release of draft Model Petroleum Agreements and 14-day consultation period
The Ministry of Natural Resources, on behalf of the Government of Guyana, is pleased to announce the release of the ... Read More
Response to EITI Board’s temporary suspension
The Government of Guyana remains fully committed to the Extractive Industries Transparency Initiative (EITI), and it has demonstrated strong leadership ... Read More
Ministry of Natural Resources, Guyana Forestry Commission, and other Partners Hosts International Learning Event on Forest Regulation, Forest Economics and Forests and Climate
The Ministry of Natural Resources (MNR), the Guyana Forestry Commission (GFC) and other partners launched the national learning event titled ... Read More
World Bank disbarred Consultant hired under APNU/AFC – Contract was terminated in September 2020 by PPP/C
The Government of Guyana through the Ministry of Natural Resources wishes to state that the services of Mr. Carlos Barberán ... Read More
Gov’t announces wave of enhanced fiscal terms for first offshore oil and gas competitive licensing round highlights
14 oil blocks available for bidding; Greater, competitive fiscal terms: 2% royalty increased to 10%; 76% cost recovery ceiling reduced ... Read More
Over 350 Local Content Certificates issued by Secretariat to date
Since coming into operation in January 2022, Guyana’s local content regulator – the Local Content Secretariat – has issued some ... Read More
Gov’t reaffirms new model PSA will accrue more economic benefits for Guyana; maintains 2016 Stabroek PSA will remain uncontended
The Ministry of Natural Resources wishes to reiterate that the model production sharing agreement (PSA) that is currently being developed ... Read More
Gov’t approves Local Content Master Plans with new 45-day payment period
The Ministry of Natural Resources on Wednesday, September 14, 2022, approved the Local Content Master Plans of tier-one contractors – ... Read More
New era of development on the horizon – President Ali
-Tells YNR apprentices they are integral to Guyana’s transformation His Excellency Dr Irfaan Ali told this year’s Youths in Natural ... Read More