Government receives payment for the sixth oil lift
Government receives payment for the sixth oil lift
-in keeping with commitments to transparency and accountability within the Petroleum Sector
The Government Guyana through the Ministry of Natural Resources is pleased to announce that the payment for Guyana’s sixth oil lift was received into the Natural Resources Fund Account. This announcement is in keeping with the current administration’s commitment to transparency and accountability within the Petroleum Sector.
On April 13, 2021, 998,645 barrels of oil were lifted from Liza Destiny with a value of US$ 62,617,616.23 with a grand total to date of 6,008,442 barrels of oil which earned US$309,160,278.23. Inclusive of Royalties the total in the Natural Resources Fund Account now stands at US$344.155 M Please see below for more details:
| Government of Guyana lifts from Liza Destiny | ||
| Bill of Laden Date | Volume | Value (US$) |
| 19th February 2020 | 1,006,321 | 54,927,994.80 |
| 21st May 2020 | 980,854 | 35,063,582.05 |
| 9th August 2020 | 1,026,573 | 46,046,937.03 |
| 9th December 2020 | 998,629 | 49,413,180.10 |
| 5th February 2021 | 997,420 | 61,090,968.03 |
| 13th April, 2021 | 998,645 | 62,617,616.23 |
| Total | 6,008,442 | 309,160,278.23 |
Meanwhile, the Government of Guyana through the Ministry of Natural Resources remains committed to providing updates on oil lifts and sales as may be necessary to ensure all stakeholders and members of the public are informed.