Amerindian and hinterland communities will see accelerated development as government will be investing $35 billion in 2023, for infrastructural improvements as well as programmes that will improve their well-being. Vice President, Dr Bharrat Jagdeo made the disclosure while engaging with Amerindian leaders on Wednesday at the Arthur Chung Conference Centre (ACCC). This is in addition […]
The Gas-to-Energy Project is a joint venture between the Government of Guyana and the private sector aimed at converting the country’s natural gas resources into electricity. The project includes the construction of a natural gas pipeline and processing plant that will convert the natural gas into electricity through a process known as gas-to-power. As part […]
In his feature address, former Columbian President, Ivan Duque highlighted the level of transformation that is taking place in Guyana while commending the country for being a model in balancing sustainable development and energy security. Duque praised President, Dr Mohamed Irfaan Ali for taking up the mantle from Vice President Dr Bharrat Jagdeo in developing […]
The local content has raked in some US $700 million in businesses, which essentially translated into many job opportunities and a major spill-off effect in several other sectors. This is according to the Director of the Local Content Secretariat, Dr Martin Pertab who was speaking at the International Energy Conference on Wednesday. “Based on the […]
– Money being transferred in coming days – Villages will determine their own investment priorities Guyana’s Low Carbon Development Strategy (LCDS) 2030 made another major step-forward today, when the process to transfer revenues from carbon credits sales to indigenous villages and local communities began. A total of GYD 4.725 Billion dollars will be transferred to […]
Executive Director of the Environmental Protection Agency (EPA), Kemraj Parsram has stressed the importance of companies managing their environmental, social and governance (ESG) risks. Parsram made this point during a panel discussion at the International Energy Conference and Expo at the Guyana Marriott Hotel in Kingston, Georgetown on Wednesday. While addressing recent media reports regarding […]
– Communities to receive up to $35 million, and no less than $10 million – Strict mechanisms in place to ensure accountability, transparency Commencing next week, 240 Amerindian and hinterland communities across Guyana will begin receiving monies earned from the sale of Guyana’s carbon credits. This follows the historic agreement signed with Hess Corporation for […]
The Ministry of Labour and the Guyana Manufacturing and Services Association (GMSA) teamed up to host a seminar on the conditions of work, occupational safety and health requirements, apprenticeship, and employment exchange services. The seminar was hosted at the Regency Suites Hotel, Brickdam, Georgetown on Wednesday. It is part of a collaborative effort to provide […]
Canada/Guyana Chamber of Commerce (CGCC) signed a Memorandum of Understanding with Energy NL, which will serve as a platform to better engage business interests between the energy company and the wider Guyanese business community. The signing took place on the sidelines of the country’s second International Energy Conference and Expo on Tuesday at the Marriott […]
In excess of $400 million has been set aside to provide compensation for persons living along the path where the gas-to-energy project will be constructed. Head of Guyana’s Gas-to-Energy Taskforce, Winston Brassington, made the disclosure during day two of the International Energy Conference and Expo, at the Marriott Hotel on Wednesday. He said some 75 […]