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OIL AND GAS INDUSTRY

September - News
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POTENTIAL SITES FOR OIL AND GAS INDUSTRY'S ONSHORE BASE IDENTIFIED

 

The Ministry of Public Infrastructure has completed a screening evaluation of sites for the proposed oil and gas industry onshore support base and will be presenting its report to the Cabinet’s Oil and Gas Subcommittee shortly.

The committee, which focuses on matters concerning Guyana’s fledgling oil and gas industry, comprises of the ministries of natural resources, public infrastructure, business and finance.

Several possible locations were examined along the Berbice, Demerara, and Essequibo Rivers, and the top two ranked sites were identified.

The Ministry of Public Infrastructure will recommend that extensive studies be conducted on the top ranked locations before a final decision is made.

Due to the restrictive timeframe, it is expected that a final recommendation will be made shortly.

 

 

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