Govt. must now say what % oil profits Guyana is receiving as Exxon confirms full investment recovered - Opposition Leader

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August 9, 2026

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Govt. must now say what % oil profits Guyana is receiving as Exxon confirms full investment recovered - Opposition Leader

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(Kaieteur News) – The Government of Guyana (GoG) must inform the nation what percent of oil revenue will now flow into the Natural Resource Fund (NRF) now that ExxonMobil has recovered all of its investments in Guyana.

On Friday, Kaieteur News reported that the operator confirmed US$55B in costs have been paid off using Guyana’s oil. In keeping with the 2016 Production Sharing Agreement (PSA), Exxon was allowed to take out 75% of oil produced monthly to cover its expenses. The remaining 25% was shared with Guyana as profits.

Now that the oil companies have recovered its investments, Guyana is now expected to enjoy 50% of the oil produced in the Stabroek Block, after operational expenses are met.