(Energy Analytics Institute, 8.Nov.2021) — According to the government of Guyana, the goal of their local content policy is to “maximize the level, quality, and benefits of participation in the petroleum sector value chain by Guyanese.”
Guyana’s dynamic and rapidly progressing oil and gas development can create boundless opportunities for all, which is the intent of local content policy (LCP).
However, there has been an information vacuum related to local content policy (LCP)—its rationale, structure, and pathway to implementation, Florida International University International Business Professor Jerry Haar, Ph.D. and Research Consultant Siddharth Upadhyay argue in their 27 page report titled “Strategic Considerations for Local Content Requirements in Guyana’s Oil Sector.”
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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
