AS Guyana accelerates efforts to diversify its economy beyond oil and gas, Vice President and People’s Progressive Party/ ...

In 2024, 66% of Guyana's crude exports or some 388,000 bpd went to Europe, compared with 62% the previous year, the shipping data showed.

Guyana forecasts an average of $71.9 per barrel for its crude this year, down from $78-80 last year, which would secure about $2.2 billion in revenue from oil exports. EXPORTS FLOWING ...

Guyana’s oil production and exports are surging, with output exceeding 660,000 bpd and expected to reach 1.3 million bpd by 2030. Europe is the biggest buyer of Guyana’s crude, with 66% of its ...

Guyana’s FDI-friendly environment According to the UN Conference on Trade and Investment’s World Investment Report 2020, Guyana ended 2019 with $1.7bn in FDI inflows, up from $1.2bn in 2018.

Guyana's exports averaged 265,693 bpd last year, more than double the 100,645 bpd in 2021, according to shipping data from Refinitiv Eikon. Europe was the largest receiver, taking 49% of cargoes.

Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and exports showed solid increases, the Finance minister said on Friday, but the ...