Upcoming oil conference will strengthen Guyana’s recognition as emerging oil & gas leader – Bharrat

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

Guyana’s Ministry of Natural Resources said on Wednesday it welcomes the International Energy Conference and Expo and is pleased to be associated with the event slated for February 15 -18, 2022, at the Arthur Chung Conference Centre, on the outskirts of Georgetown.

Natural Resources Minister, Vickram Bharrat said the hosting of this conference is timely and strategic given the growth and development of the energy sector, whilst many nations around the world are coping with COVID-19 challenges coupled with declining economic growth. “This International Energy Conference will further strengthen Guyana’s recognition as an emerging oil and gas leader and as a country with enormous potentials for investments and business opportunities. It is anticipated that this event will catapult Guyana into the spotlight that will continue on a path of economic and infrastructural transformation.”

The theme of the conference is “Charting a sustainable energy future”. Mr. Bharrat said this is appropriate since it is in keeping with the visions of the Government of Guyana. Hence, it is against this background that the ministry and government welcome this important forum with an aptly chosen theme.

“Therefore, the Ministry of Natural Resources and the Government of Guyana remains committed to supporting the organisers of this very strategic event that is geared towards creating partnerships and prospects for all participants, both foreign and local,” he said. “This International Energy Conference will act as a catalyst to promote, strengthen and enhance local content which is an integral component for oil and gas development in Guyana.”

It is expected that the Conference and Expo will showcase Guyana as the oil and gas investment destination, create and build effective industry relationships, provide the medium for local business to access collateral and joint ventures, which is in keeping with the goals and objectives of the Local Content Policy. The government intends to highlight its complement of spin-off oil and gas investments in addition to national infrastructure projects in the short to medium term.

“We wish to extend our support and best wishes to the organisers of the International Energy Conference and Expo…,” Mr. Bharrat said, noting that it will highlight the government’s development trajectory to transform the lives of all Guyanese along with an energy secure and sustainable future for the people of the new oil producing country.

- ADVERTISEMENT -
spot_img

Partnered Events

Latest News

Guyana to implement ‘regime of penalties and sanctions’ for gold smuggling, following U.S. expose

Guyana's Vice President Bharrat Jagdeo says a range of tougher penalties and sanctions will be introduced for persons caught...

More Articles Like This