(Guyana’s Finance Ministry, 15.Jan.2024) — Guyana’s Finance Minister Dr. Ashni K. Singh, M.P presenting the South American country’s budget for 2024, highlighting the nascent oil and gas sector, which continues to drive growth in gross domestic product (GDP). ____________________
Tag: Ashni Singh
Guyana Produced 42.7 MMbbls in 2021 – Minister Singh
(DPI, 1.Feb.2022) — For the year 2021, Guyana produced 42.7 million barrels of light, sweet crude from the Liza One development in the prolific Stabroek Block. This was announced by Senior Minister in the Office of the President with responsibility for finance, Dr. Ashni Singh when he presented Budget 2022 […]
Guyana Budget 2022 Speech Highlights [PDF Download]
(Energy Analytics Institute, 26.Jan.2022) — Highlights from the budget speech by Guyana’s Honourable Dr. Ashni K. Singh, M.P. Senior Minister in the Office of the President with Responsibility for Finance on 26 January 2022 follow. Select highlights: — A total of 42.7 MMbbls were produced in 2021 compared with 27.2 […]
Game Changing Local Content Bill Passed in Guyana
(DPI, 30.Dec.2021) — “We want to ensure that with this Bill, Guyanese reap the benefits from the oil and gas sector. This bill will help us to truly assess our capacity, as well as what is needed to build capacity in Guyana. As a government, we are committed to working […]
Guyana Basins Summit Day 2 Recap
(Energy Advance, 18.Mar.2021) — The Guyana Basins Summit (GBS) was officially inaugurated by Hon. Albert R. Ramdin, Minister of Foreign Affairs, International Business and Cooperation, government of the Republic of Suriname who discussed the need for a new paradigm on regional co-operation, a future to be built post oil and […]
Guyana Cautious On 2021 Oil Output, Price
(Argus, 15.Feb.2021) — Guyana forecasts average crude production of 109,000 b/d in 2021, 46.7pc above last year but short of initial expectations because of a recurring technical glitch. The government is predicting a 4pc year-on-year increase in the Brent crude price to around $43.9/bl, finance minister Ashni Singh said on […]