Tag: petroleum
Govt focusing on enhancing technical training at TVET Institutions ahead of petroleum production – Min. Harmon
-Harmon meets with Executive Vice President of Esso Exploration, ExxonMobil Country Manager DPI, Guyana, Wednesday, September 12, 2018 Minister of ... Read More
Govt to sign MOU with Trinidad in coming days – Min. Greenidge confirms
─ agreement with Trinidad no different from any other, will not cause a riot - Min. Greenidge ─ MOU not ... Read More
Brazil pivotal to country’s international posture, security – Pres. Granger
DPI, Guyana, Sunday, September 2, 2018 Commander of the Armed Forces, President David Granger says the relationship between Guyana and ... Read More
Operation of Natural Resource Fund will conform to Santiago Principles – ‘Green’ paper
─ Santiago Principles promote transparency and accountability in management of Natural Resource Funds ─ NRF Act will detail sound legal ... Read More
“Coalition Govt will not be intoxicated by oil” – President Granger
─ govt laying necessary groundwork for petroleum sector to be managed in accordance with international best practices DPI, Guyana, Friday, ... Read More
Revenues from petroleum, mining and forestry to be placed in Natural Resource Fund
─ NRF will be US dollar bank account held by Bank of Guyana ─ withdrawals from NRF to be deposited ... Read More
Single Natural Resource Fund suited to meet country’s petroleum sector needs – ‘Green’ paper
DPI, Guyana, Monday, August 13, 2018 Government will be establishing a Natural Resource Fund (NRF). This operation is outlined in ... Read More
“No evidential basis” for cash payouts from Petroleum revenues – President Granger
─ formal proposal was not sent to president ─ cash payout falls outside Sovereign Wealth Fund ─ ministerial quintet, Department ... Read More
“Revolutionary” ‘Green’ paper on Natural Resources Fund laid in National Assembly
─ paper titled “Managing Future Petroleum Revenues and Establishment of Fiscal Rule and a Sovereign Wealth Fund” ─ specific focus ... Read More
Guyana receives $7Billion loan from World Bank for support in Finance sector
─ $18B to be released over a 2-3-year period DPI, Guyana, Friday, July 27, 2018 Guyana is now the beneficiary ... Read More