The objective of the Technical Cooperation (TC) is to support on-going efforts towards building strategic sector planning capacity of the Guyanese Government (within the new Department of Energy) to properly manage the nascent oil and gas sector. This TC will provide sector-specific expertise to advise the President and other high-level authorities on issues related to oil and gas. In addition, it will provide the bases for setting up current Production Sharing Agreement (PSA) contract management and protocols, including: (i) administration procedures; (ii) control and verification processes: and (iii) certification guidelines.

Project Detail

Country

Guyana

Project Number

GY-T1153

Approval Date

November 28, 2018

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

NEW OIL AND GAS AND EXTRACTIVE INDUSTRIES

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-17100-GY Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-17100-GY
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable