The 900 million GYD Forestry Revolving Fund Facility (FRF) is a collaboration between the Government of Guyana and Demerara Bank Limited aimed at strengthening the forestry sector by providing low-cost financing of as much as $30M to start forestry-related businesses, aid production, enhance operations, start up value-adding ventures, and expand…
Today at COP 15 in Montreal, Canada, European Commissioner for Environment, Oceans and Fisheries Mr. Virginijus Sinkevičius, and Guyana Minister of Natural Resources, Hon. Vickram Bharrat M.P., signed a legally binding trade agreement to promote sustainable trade of legal timber to the European Union (EU). Mr. Jan Dusík, Deputy Minister…
Highlights 14 blocks for tender for shallow water and deepwater areas combined Contractual commitments and relinquishment obligations to ensure expeditious development of oil and gas resources Improved fiscal terms that provide a greater balance of the share of revenue between the government and contractor while maintaining Guyana’s competitive edge in…
The Government of Guyana through the Ministry of Natural Resources wishes to state that the services of Mr. Carlos Barberán Diez, an individual consultant was terminated by the current government on September 13, 2020, in connection with a corrupt practice as part of the Petroleum Governance and Management Project in…
