Local content final report submitted

Shyam Nokta (third from left) handing over the report to Minister of Natural Resources Vickram Bharrat (Department of Public Information photo)

Guyana’s local content final report has been completed and was yesterday submitted to government through Minister of Natural Resources, Vickram Bharrat, with Chairman of the Committee, Shyam Nokta, emphasising that the policy will ensure Guyanese capitalize on  the benefits of the bourgeoning oil and gas sector.

“We recognise the importance of local content and our Terms of Reference (TOR) outlined what was expected and we were able to complete the report on time and within the mandate of the TOR,” Nokta told  Stabroek News.

The Ministry of Natural Resources (MoNR) yesterday informed of the presentation and said that Bharrat will present the document to President Irfaan Ali for guidance on the way forward.