Experts for Cabinet caucus on oil future

A group of international researchers and petroleum policy advisors will today meet Cabinet ministers to discuss the emerging oil and gas sector and give insight into prudent preparations for the revenues that will be generated from the industry.

“The Government’s objective is part of an ongoing effort to move preparations to a deeper level of engagement on issues such as prioritizing spending on infrastructure, agriculture and social programmes, inter-generational savings, geo-political considerations, legal and institutional strengthening, benefit sharing and engagement and involvement of the people of Guyana…,” a statement from the Ministry of Natural Resources last evening said.

Facilitated by Chatham House and the Royal Institute of International Affairs, through its New Producers Group, the all- day meeting with government ministers will see interactive sessions between the two groups.

It is unclear if