Gov’t wants to rejig production sharing template for any new oil deals – Finance Minister

As interest in exploring unallocated petroleum blocks off Guyana’s shores increases, Government is seeking to revise the existing template of the Production Sharing Agreement (PSA) so as to “safeguard the rights of our nation to a fair share of resource wealth.” This is according to Minister of Finance Winston Jordan who told the National Assembly,…

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Guyana now a member of the EITI

The Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI) Steering Committee congratulates the Government and people of Guyana after the country was officially accepted as a member of the Extractive Industries Transparency Initiative (EITI) today at the 38th EITI Board meeting in the Philippines. The EITI is the global gold standard for resource revenue transparency…

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