Nearly 500 Businesses Enter Guyana’s Oil Supply Chain, But Ethnic Breakdown Remains Unclear
Business
Finance
September 19, 2026
Share this article
Click to view full size
Nearly 500 Guyanese businesses registered for opportunities in Guyana’s oil and gas sector during the first half of 2026, with US$466.2 million spent on goods and services in areas prioritised for local participation.
But while the government is highlighting the growth in local participation, the latest figures provide no breakdown by ethnicity, leaving unanswered questions about how the economic benefits of the oil boom are being distributed across Guyana’s diverse population.
According to the Local Content Secretariat’s 2026 Mid-Year Report, approximately 500 businesses registered during the first six months of the year, adding to the growing number of companies seeking procurement opportunities generated by the petroleum industry.
Business
Finance
Need the bigger picture?
Share this article
Comments (0)
Download our mobile app
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
