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Press Releases 2016-11-15T15:16:46+00:00
1805, 2018

Anadarko Petroleum Corp. Agreement with the Government of Guyana

The government of Guyana releases another Petroleum Agreement The Ministry of Natural Resources is making available for public scrutiny, yet another contract between the Government of the Cooperative Republic of Guyana and companies in the petroleum sector. The Ministry now makes available the contract with Anadarko Petroleum Corp. The contract document is available on the Department of Public Information’s (DPI’s) and the Ministry’s websites: dpi.gov.gy and www.nre.gov.gy Anadarko Petroleum Corporation is US owned and operates as an oil and gas exploration company. The Company acquires, explores, develops, produces, and markets oil and natural gas. In 2012, the company was granted [...]

1805, 2018

MNR Commissions Important Consultancy to Develop Strategic Ten (10) Year Plan for Mineral Sector

Team Leader, Mr. Sherwood Lowe, makes a point during the inception meeting with Hon. Raphael Trotman.  University of Guyana Senior Lecturer, Mr. Sherwood Lowe, along with former Commissioners of the Guyana Geology and Mines Commission (GGMC) Mr. William Woolford and Ms. Karen Livan have been engaged by the Ministry of Natural Resources to spearhead the process of designing a Strategic Ten (10) Year Plan for the mineral sector. Mr. Sherwood Lowe has been identified as the Team Leader. In a meeting with the consultants on Monday, May 14, 2018, Minister of Natural Resources, Hon. Raphael Trotman, mandated the [...]

1705, 2018

Consultancy starts for Stakeholder Engagements on REDD+ & Readiness Activities in Guyana

GEORGETOWN, Guyana: Countrywide community engagements have started under the consultancy for stakeholder participation on Reduced Emissions from Deforestation and Forest Degradation (REDD+) and Readiness Activities in Guyana. Commencing in early May, stakeholder engagements were held in Moruca, Region One; Mainstay, Region Two; Georgetown, Region Four and; Kwakwani, Region Ten. There would be further engagements in Bartica, Region Seven; Mahdia, Region Eight and; Lethem, Region Nine in the coming weeks. REDD-Engagement (Mainstay) In these ongoing engagements, stakeholders are drawn from indigenous and forest-dependent communities and representative groups such as the Amerindian People’s Association (APA), Indigenous People’s Commission, National Toshaos [...]

1509, 2017

Gold Board and Mining Associations Executives forge new processing fee structure; Minister’s promise honoured

In keeping with a commitment made by Minister of Natural Resources, Hon. Raphael Trotman, during a discussion with miners’ representatives and others on September 7, 2017 at Cara Lodge, chairman of the Guyana Gold Board (GGB) GHK Lall, held a meeting yesterday September 14, 2017, with executives of the various mining associations operating under the umbrella body Miners United Movement.  The purpose of the meeting was to reexamine the existing processing fee of $2,500 per ounce for gold sold to the GGB. Present at yesterday’s meeting were, Mr. Terrence Adams and Mr. Andron Alphonso, President and Vice President, respectively of [...]

609, 2017

First in series of Stakeholder Engagements on draft Local Content Policy Framework receives vibrant participation; oil companies, regional Chambers of Commerce and businesses among the other stakeholders targeted

GEORGETOWN, Guyana – The Ministry of Natural Resources today Wednesday September 6, 2017 wrapped up the first in a series of stakeholder consultations on Guyana’s draft Local Content Policy Framework. Following brief remarks by Honourable Raphael G.C. Trotman M.P., Minister of Natural Resources, Mr Anthony Paul, author of the draft policy framework and a geologist by training with vast experience both in government and the private sector in oil and gas, led the discussions by expounding on the salient points of the draft policy. The half-day engagement was held at the Georgetown Marriott and saw the active participation of a [...]

2608, 2017

R.L. Sukhram and Sons Sawmill and Rong-An Inc. awarded approximately 400,000 hectares each of former Barama Company Limited concessions; investments totaling US$9.5 m by 2020 to create 524 jobs

GEORGETOWN, Guyana - Following Barama Company Limited’s relinquishing of its 1.6 million hectare forest concession in October 2016, the Guyana Forestry Commission (GFC) has awarded two lots totaling over 800,000 hectares of that concession to R.L. Sukhram and Sons Sawmill and Rong-An Inc. The Ministry of Natural Resources along with the GFC had taken the decision to divide the former Barama Company Limited concession into four parcels, each of approximately 400,000 hectares. The Ministry advertised two of those parcels as State Forest Exploratory Permits, which means that there is a three year process of assessment prior to commercial full scale [...]

1808, 2017

Government reiterates its commitment to the Minamata Convention; Guyana to be represented at the Conference of the Parties to the Minamata Convention to be held in Geneva, Switzerland

GEORGETOWN, Guyana – On Wednesday August 16, 2017, the Minamata Convention on Mercury came into force. In keeping with its commitment obligations, the Government of the Cooperative Republic of Guyana will be represented at the first Conference of the Parties to the Minamata Convention to be held from September 24 – 29, 2017 in Geneva, Switzerland. The Minamata Convention is an international treaty designed to protect human health and the environment from anthropogenic emissions and releases of mercury and mercury compounds. Mercury is used in the gold mining industry and can be a threat to human health and the environment. [...]

1408, 2017

Members of Ministerial Oil & Gas Committee attend annual partnership meetings with ExxonMobil Officials – Houston, Texas, USA

On  August 10 and 11, 2017, Ministers of Government -  Vice-President Carl Greenidge, Raphael Trotman, Winston Jordan, David Patterson and Dominic Gaskin, together with Presidential Advisor, Dr. Jan Mangal, and Technical Officers, Ms. Teresa Gaime and Kiran Mattai, of the Ministry of Natural Resources and the Guyana Energy Agency respectively, participated in meetings and briefings with officials of the ExxonMobil Development Co. and ExxonMobil Gas and Power Marketing Co. at the ExxonMobil Campus in Houston, Texas, USA. The Governemnt of the Cooperative Republic of Guyana is a fifty (50) per cent partner with ExxonMobil, Hess and CNOOC Nexen for the [...]

708, 2017

Phase two of Guyana’s Monitoring, Reporting and Verification (MRV) project gets underway with release of funds by NORAD

GEORGETOWN, Guyana - The Government of the Cooperative Republic of Guyana has received the first tranche of a US$6.34 million grant from the Kingdom of Norway as it enters into the second phase of the forest monitoring mechanism known as Monitoring, Reporting and Verification (MRV). This second phase of the MRV programme will no longer be seen as a means of satisfying a conditionality for funding, but also, as a tool for measuring Guyana’s forest cover to assist in decision-making for a range of activities. The funds will be dispersed in tranches through Conservation International in a muti-year arrangement. The [...]

708, 2017

Ministry of Natural Resources launches Youth in Natural Resources Mentorship Programme with the aim of showcasing the natural resources sector as a viable career choice for our young people

GEORGETOWN, Guyana - The Ministry of Natural Resources today August 7, 2017 launched its three-week Youth in Natural Resources Mentorship Programme which aims to introduce young people to the natural resources sector through the work of the Ministry and its agencies and corporate partners. In doing so the youth are expected to come to an understanding that working in the natural resources sector can be fulfilling and rewarding, and when done correctly, can sustain the environment and rich biodiversity. Immediately following the launch in the Minister's boardroom, the participants, aged 15 to 18, embarked on a familiarization tour of the [...]