Milestone agreement inked

Director General of the Mexican Institute of Petroleum Dr Ernesto Rios and Mexican Ambassador to Guyana Ivan Sierra

Guyana’s infant oil and gas sector will now have access to the most advanced technical support available in the western hemisphere following the signing of three key memoranda of understanding (MoU) between the governments of Guyana and Mexico formalizing a relationship that will bring on stream a regime of critical technical support and training designed to significantly enhance local capacity in a number of key areas in the sector.

Mexican Ambassador to Guyana Ivan Sierra on Wednesday evening told Stabroek Business during a briefing that the formal signing of the agreement marks, “by far” the most significant event in bilateral cooperation between the two countries.

Director of the Mexican Institute of Petroleum (IMP) Dr Ernesto Rios, who had earlier in the day flown into Guyana for the signing of the agreements, said they facilitate the provision of technical support in the preparation of the three White Papers. These pacts will provide key information and guidelines to the Government of Guyana in its quest to