PSA : GOVERNMENT OF GUYANA AND CGX ENERGY INC.
In keeping with the commitment by the Government of the Cooperative Republic of Guyana, the Ministry of Natural Resources has begun the process of releasing Petroleum Agreements, also called Production Sharing Agreements or Contracts (PSA/PSC). The PSA between the Government of Guyana and CGX Energy Inc. is now available on…
inistry of Natural Resources (MNR) as it is known was established on December 17, 2011 as the Ministry of Natural Resources and the Environment (MNRE) with a primary focus of harmonizing policy and management in the Natural resources-based sectors. However, following the appointment of the new Government in May 2015, the institutional structure of the MNRE changed and it became a Department of Natural Resources and Environment under the purview of the Ministry of Presidency. A second change occurred on January 18, 2016 which saw the Department of Natural Resources and the Environment transformed to into the Ministry of Natural Resources.