Govt eliminating loopholes to strengthen Local Content Act – Bharrat

June 18, 2026

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Govt eliminating loopholes to strengthen Local Content Act – Bharrat

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…calls for “comparable remuneration” for Guyanese in oil & gas sector

The Guyana Government is looking to widen opportunities for Guyanese within the burgeoning oil and gas industry, clamping down on loopholes in the Local Content Act that have been taken advantage of in the past.

Passed in December 2021, the National Assembly passed the Local Content Act, identifying 40 different service areas that oil and gas companies and their subcontractors must procure from Guyanese and Guyanese-owned businesses.

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Sourced from Guyana Times. Visit their website to read the full story.

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