The M
inistry of Natural Resources (MNR) as it is known was established on December 17, 2011 as the Ministry of Natural Resources and the Environment (MNRE) with a primary focus of harmonizing policy and management in the Natural resources-based sectors. However, following the appointment of the new Government in May 2015, the institutional structure of the MNRE changed and it became a Department of Natural Resources and Environment under the purview of the Ministry of Presidency. A second change occurred on January 18, 2016 which saw the Department of Natural Resources and the Environment transformed to into the Ministry of Natural Resources.
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…
