Tuesday, December 6, 2022

Guyana oil revenue climbs to over US$267 million

Must Read

OilNOW
OilNOW is an online-based Information and Resource Centre

Guyana’s Ministry of Natural Resources announced on Wednesday that payment for the fifth oil lift was received into the Natural Resources Fund Account.

On February 5, 997,420 barrels of oil were lifted from Liza Destiny with a value of US$ 61,090,968.03 with a grand total to date of 5,009,797 barrels of oil worth US$ 246,542,662.

Inclusive of Royalties the total in the Natural Resources Fund Account now stands at US$267,668, 709.12.

See details below:

“The Government of Guyana through the Ministry of Natural Resources is committed to providing updates on oil lifts and sales as may be necessary to ensure all stakeholders and members of the public are informed,” MNR said in a statement.

spot_img

Latest News

Guyana’s oil fund almost at US$1.4 billion at November’s end

Guyana’s Natural Resource Fund (NRF), held at the New York Federal Reserve Bank, soared to US$1,391,406,433 at the end...

More Articles Like This

spot_img