With petroleum poised to become an important industry for Guyana, Finance Minister Winston Jordan says more emphasis will be placed this year on preparing the country to meet the needs of the sector.
During his presentation on the 2016 national budget, Jordan noted that following earlier discoveries last year, ExxonMobil will undertake further exploratory drilling of its Liza well offshore Guyana.
Additionally, a Petroleum Prospecting Licence and Production Sharing Agreement have been signed recently with Tullow Guyana BV and Eco (Atlantic) Guyana Inc for a small concession called the Orinduik Block, just offshore of
