Nearly eight months after the Guyana government announced plans to secure cheaper fuels for its citizens through a partnership with U.S.-based Curlew Midstream, Vice President Bharrat Jagdeo revealed on Thursday that no formal agreement has been signed. The deal, which aimed to establish a storage facility in Guyana, has been delayed due to significant differences in the terms. Negotiations were suspended until after the September 1 general and regional elections. Jagdeo emphasized that the government would only proceed with an agreement that ensures long-term benefits for Guyana while delivering immediate cost reductions. The proposed project involved procuring fuels through Curlew Midstream and building a tank farm to store additional fuel, potentially lowering procurement costs by 20% to 35%. Jagdeo reiterated the government’s commitment to thorough due diligence, stating that they would not rush into any agreement that could harm the country’s future. The project, initially announced in February 2025, also envisioned Guyana becoming a fuel hub for the Caribbean and northern Brazil, with Curlew Midstream investing $300 million in a state-of-the-art depot capable of storing 750,000 barrels of various fuels.
标签: Guyana
圭亚那
-

GY$5 billion PPP election campaign spending “a blatant lie” – PPP General Secretary
In a recent press interaction, People’s Progressive Party (PPP) General Secretary Bharrat Jagdeo vehemently refuted allegations that his party spent GY$5 billion on its campaign for the September 1 general and regional elections. Labeling the claim as a ‘blatant lie,’ Jagdeo asserted that the PPP’s expenditure was only slightly higher than the GY$300 million reportedly spent by the opposition coalition, A Partnership for National Unity (APNU). He emphasized, ‘We didn’t spend much more than APNU, so let that be your guide.’ When questioned about the potential advantages of incumbency, Jagdeo countered that such benefits were also utilized by the previous APNU+Alliance For Change administration, including the use of a Guyana Defence Force (GDF) helicopter by then-President David Granger. Jagdeo also addressed concerns about access to publicly-funded state media, questioning how it could have disadvantaged opponents financially. He highlighted the PPP’s strategic shift to a digital campaign, citing its cost-effectiveness compared to traditional newspaper advertising. ‘We didn’t advertise in the newspapers much. Nobody reads the newspapers, and our digital campaign cost us an unbelievably low sum,’ he stated. Jagdeo further noted that the PPP’s 2025 campaign spending was significantly lower than in 2020, when the party heavily invested in high-priced newspaper ads. The PPP General Secretary criticized the media for not disclosing the source of the GY$5 billion claim, stating, ‘That’s what people do, they hide behind sources. If I was to come here every time and hide behind a source, then we would never find the truth.’ International election observer missions have previously raised concerns about the PPP’s incumbency advantage, but Jagdeo dismissed these as unfounded.
-

New development bank to start up with US$200 million in tranches
Guyana is set to establish a new development bank in 2026, with an initial seed capital of US$200 million, Vice President Bharrat Jagdeo announced on Thursday. The funds will be allocated in tranches, contingent on demand assessments, and will be integrated into the 2026 national budget. Jagdeo emphasized the importance of mentoring, financial literacy, and technical support to ensure borrowers can repay loans, creating a sustainable revolving fund. He expressed confidence in the bank’s success, acknowledging a potential 10% failure rate, consistent with global financial systems. The government will periodically inject additional capital as revenues grow, ensuring the bank’s long-term viability. Currently, a concept paper for the proposed bank is under development. This initiative follows the dissolution of the Guyana Cooperative Agricultural and Industrial Development Bank (GAIBANK) in 1995 due to high non-performing loans, which was later merged with the Guyana National Cooperative Bank before its closure in 2002.
-

Non-lethal options to firearms should be considered- Jagdeo
In a significant move to address public safety concerns, Guyana’s Vice President Bharrat Jagdeo has proposed a shift toward non-lethal weapons as an alternative to firearms. Speaking on Thursday, Jagdeo emphasized the need for the government and citizens to consider issuing permits for non-lethal weapons instead of traditional firearms. He questioned whether a more liberal approach to licensing non-lethal tools could meet the demand for personal protection without the risks associated with lethal arms. Jagdeo highlighted the overwhelming number of firearm licence requests received during community visits, with an estimated 50,000 applications currently pending. He suggested implementing stricter criteria for firearm licences to ensure responsible ownership. Additionally, Jagdeo stressed the importance of eliminating corruption in the licensing process, particularly the perception that bribes can secure permits. He called for a collective societal effort to address these issues, stating that the government is committed to resolving the matter decisively.
-

Cash grant will continue to be per person – Jagdeo
In a definitive statement on Thursday, Vice President Bharrat Jagdeo of Guyana reaffirmed that cash grants would continue to be distributed on a per-person basis to citizens aged 18 and older. This announcement came in response to circulating claims that the grants would instead be allocated per household. ‘It’s a blatant lie! We never made any such decision,’ Jagdeo asserted during a press conference. He emphasized the government’s commitment to fulfilling its pre-election promise of disbursing cash grants before Christmas, as pledged by President Irfaan Ali during his campaign in August 2025. Jagdeo, who also serves as General Secretary of the ruling People’s Progressive Party (PPP), reiterated that all commitments related to cash grants would be honored, with multiple grants planned over the next five years. He also dismissed misinterpretations of Minister Vickram Bharrat’s stance on the issue, highlighting the government’s broader focus on education, tax reduction, home ownership, and social welfare programs.
-

Guyana plans to sell its own crude
In a landmark announcement on October 2, 2025, Guyana’s President Irfaan Ali revealed the nation’s ambitious plan to enter the global crude oil trading market. Speaking at the Georgetown Chamber of Commerce and Industry’s (GCCI) “Energy Insights” breakfast forum, President Ali outlined a strategic initiative to leverage both local and international expertise to establish Guyana’s presence in the crude oil trade. The plan includes hiring experienced crude oil traders to facilitate knowledge transfer and operational readiness while the country develops its infrastructure and human capital. This move is expected to create significant economic opportunities for Guyana, which is projected to increase its oil production from 650,000 barrels per day to 1.2 million barrels per day by 2030. The initiative will involve collaboration with the domestic private sector and international partners, ensuring Guyana’s ability to trade its crude oil independently in the future. Additionally, Guyana is implementing a competitive bidding system to select a crude marketing firm for its 50% share of profit oil from the Stabroek Block. The announcement coincided with updates from ExxonMobil Guyana, which reported that its Floating Production Storage and Offloading (FPSO) vessel, One Guyana, is nearing its full capacity of 250,000 barrels per day. ExxonMobil is also advancing plans for its eighth project, Longtail, which holds substantial natural gas deposits and could support multiple industrial developments in Berbice.
-

PNCR central committee reaffirms confidence in Norton, resigned executive members replaced
In a decisive move, the People’s National Congress Reform (PNCR) Central Executive Committee (CEC) has reaffirmed its unwavering support for party leader Aubrey Norton, dismissing widespread speculation of internal discord following the coalition’s significant defeat in the September 1 general and regional elections. The CEC, in a late-night statement issued after its first post-election meeting, categorically rejected claims of turmoil within the party, emphasizing that the PNCR remains united and focused on rebuilding its political strength. The committee reiterated its full confidence in Norton’s leadership, stating that he will continue to lead the party until the next congress, scheduled for 2026, where internal elections will take place. The statement also highlighted that any change in leadership must adhere to the party’s constitution and can only occur at a duly convened congress. Additionally, the PNCR addressed the recent resignations of two CEC members, Mervyn Williams and Jermaine Figueira, by confirming the appointment of two new members. While the party did not disclose the names of the replacements, sources suggest that Christopher Jones and Egerton David, who secured the 16th and 17th highest votes in the last internal elections, are likely candidates. However, their official acceptance of the roles remains pending. The PNCR’s firm stance underscores its commitment to stability and resilience as it navigates the aftermath of the electoral setback.
-

Home Affairs Minster tells police top brass to tackle corruption, be decisive
In a stern address to the Guyana Police Force’s executive leadership team and divisional commanders, Home Affairs Minister Oneidge Walrond emphasized the urgent need to eradicate corruption and improve decision-making within the law enforcement agency. The meeting, held on Wednesday, October 1, 2025, saw Minister Walrond deliver a forceful message, urging zero tolerance for misconduct and calling for fearless leadership. ‘Corruption must be dealt with firmly. Show zero tolerance. Do not look the other way. Be fearless in confronting it,’ she stated in a Home Affairs Ministry release. This directive follows a recent scandal at the Cheddi Jagan International Airport, where police officers were caught demanding bribes from a passenger. Despite public outcry, the Guyana Police Force has yet to provide updates on the investigation. Minister Walrond also highlighted the government’s frustration with ineffective leadership, hinting at potential changes to enhance public safety and trust. ‘This is the moment for decisive leadership. The people will not wait, and neither will I,’ she declared. She stressed the importance of discipline, integrity, and accountability, noting that leadership must set the standard. ‘If discipline is weak at the top, it will collapse below. Tighten discipline, strengthen performance, and rebuild trust,’ she added. The Minister acknowledged significant government investments in infrastructure, technology, and training since 2020 but cautioned that resources alone cannot safeguard the institution’s reputation. Addressing emerging challenges such as border security and economic growth, she urged commanders to ensure that resources translate into tangible outcomes, fostering community security and restoring public pride in the police force. Minister Walrond pledged her unwavering support as the Force strives to become a professional, respected, and trusted institution.
-

Guyana begins high-tech mineral mapping
Guyana has embarked on an ambitious high-tech aerial mineral mapping project, aimed at creating a comprehensive inventory of its mineral resources. The initiative, launched on October 1, 2025, seeks to provide prospectors with precise data to identify commercially viable deposits of gold, uranium, and rare earth minerals. The project is a collaboration between the Guyana Geology and Mines Commission (GGMC) and U.S.-based Aqua Geo Frameworks, utilizing advanced aircraft equipped with multiple sensors to collect geological data without disturbing the ecosystem. The first phase of mapping is expected to be completed by December 2025, weather permitting. The project, part of the Guyana Mineral Advancement and Prospecting Strategy (GMAPS), also includes training, stakeholder consultations, and validation of past geological surveys. Officials emphasized that the initiative aligns with Guyana’s Low Carbon Development Strategy (LCDS), promoting sustainable and low-impact mining practices. Natural Resources Minister Vickram Bharrat highlighted the project’s potential to enhance Guyana’s global reputation, improve environmental stewardship, and create economic opportunities. The $4 million initiative aims to fill data gaps left by previous prospectors and geoscientists, enabling more informed investment decisions and efficient resource exploitation.
-

Guyana will implement US State Department’s anti-Trafficking In Persons recommendations- Walrond
Guyana’s Home Affairs Minister, Oneidge Walrond, announced on Wednesday that the government will act on the United States’ 12 recommendations to bolster its fight against Trafficking in Persons (TIP). This commitment comes as Guyana retains its Tier 1 ranking in the US State Department’s 2025 TIP Report, marking the ninth consecutive year of recognition for its sustained efforts in combating human trafficking. Minister Walrond emphasized the government’s resolve to address the recommendations with urgency, implementing advanced policies, rigorous monitoring, and strengthened partnerships to dismantle trafficking networks and protect victims. The recommendations include increasing prosecutions and convictions, particularly in cases involving child victims, eliminating worker recruitment fees, expanding labor inspections in high-risk sectors like mining and logging, and ensuring adequate penalties for traffickers and complicit officials. Walrond highlighted Guyana’s comprehensive approach, which involves safeguarding vulnerable populations, enhancing training and awareness, intensifying anti-trafficking operations, and providing robust support to victims through the Ministry of Human Services and Social Security. The report also noted significant progress in Guyana’s anti-trafficking framework, including higher prosecution rates, successful convictions, and improved international collaboration. The government urged the public to report suspicious activities via the Counter-Trafficking in Persons 24/7 Hotline.
