Press Release

Browse Official Press Releases from the Department of Energy, Ministry of Natural Resources

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Strategic Stakeholders Engagement on the draft Local Content Policy

- The Ministry of Natural Resources (MNR) has concluded a series of strategic engagements with various stakeholders on the revised draft Local Content Policy (LCP). This policy initiative responds to commitments made by His Excellency Dr. Mohammed Irfaan Ali for Guyanese to play a greater role in…

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Government receives payment for the fifth oil lift

- In keeping the Government’s commitment to accountability and transparency in the Petroleum Sector, the Ministry of Natural Resources is pleased to announce that the payment for Guyana’s fifth oil lift was received into the Natural Resources Fund Account.

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Continuous Strategic Stakeholders’ Consultation on the Draft Local Content Policy

- Following the inaugural stakeholders’ meeting held on Monday, 15th February 2021, at the Arthur Chung Convention Centre (ACCC), the Ministry of Natural Resources (MNR) is undertaking a series of strategic stakeholders’ consultations to advance the development of its revised draft Local Content…

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Consultations on Local Content Policy to continue this week

- The Ministry of Natural Resources continues to make tremendous efforts towards transparency and accountability. In this regard, and in an effort to address and clear misconceptions that may circulate in the media, the Ministry wishes to address concerns relating to the Draft Local Content…

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Handover of draft Local Content Policy

- Natural Resources Minister, Hon. Vickram Bharrat yesterday held follow up discussions with Mr. Jairo Valverde, Resident Representative, UNDP and virtually handed over Guyana’s Draft Local Content Policy and further dialogue for continued support in the areas of local content and strategic…

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Capacity being built to monitor and verify reports on Exxon’s costs, emissions – Vice President

- Guyana’s Vice President, Dr. Bharrat Jagdeo reiterated yesterday that the government has every intention of ensuring the oil sector is not only led by locals but properly monitored as he noted that capacity building is underway to achieve same. In this regard, the official noted that efforts…

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Equipo de expertos internacionales que revisan el contrato de Payara

- La revisión actual ha sido realizada por el Departamento de Energía durante más de siete meses. El Departamento contrató a Bayphase Oil and Gas Consultants por un monto de US $ 386,830 que comenzó el 27 de diciembre de 2019. Hubo una primera extensión de contrato (sin costo) hasta el 27 de julio de…

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Équipe d'experts internationaux examinant le contrat Payara

- L'examen en cours est entrepris par le Département de l'énergie depuis plus de sept mois. Le Ministère a engagé Bayphase Oil and Gas Consultants pour un montant de 386830 $ US qui a débuté le 27 décembre 2019. Il y a eu une première prolongation de contrat (sans frais) jusqu'au 27…

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Team van internationale experts die het Payara-contract beoordelen

- De huidige evaluatie wordt al meer dan zeven maanden uitgevoerd door de afdeling Energie. De afdeling contracteerde Bayphase Oil and Gas Consultants voor een bedrag van US $ 386.830, dat inging op 27 december 2019. Er was een eerste contractverlenging (zonder kosten) tot 27 juli 2020 en een tweede…

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