AGP Executive Report
Last update: 2 hours agoOil & Gas: Government confirmed ExxonMobil’s Rockhead-1 discovery in the Stabroek Block; tests will determine its size and commercial potential. Transport Infrastructure: The US$35 million Mackenzie-Wismar Bridge is set to open November 15, replacing a single-lane crossing with four traffic lanes and safer pedestrian walkways. Agriculture: Government plans to give 280 beekeepers 10 hive boxes each as it seeks to expand honey production and meet demand that exceeds local supply. Trade & Investment: Guyana-UK trade has reached £2.2 billion, with British firms involved in the US$65.5 million CJIA arrivals terminal project. Oil Revenue: Economist Ramesh Gampat estimates withdrawals from the Natural Resource Fund could nearly double to US$4.35 billion in 2027, while warning that oil-led growth has yet to transform the wider economy. Standards & Resilience: Compulsory cooking-gas cylinder and regulator standards will be enforced from April 2027, and the Sea and River Defence Act is now in force.
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