$88M approved to review Guyana’s fifth oil development – Natural Resources Minister
Minister of Natural Resources, Vickram Bharrat has announced that $88 million has been approved for a consultancy firm to review the field development plan of Guyana’s fifth oil development-Uaru. This news was shared on Tuesday, during the consideration of estimates and expenditures for the Natural Resources Ministry in the Committee…
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.
