Oil & Gas

Extractive Industry
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Mining

Extractive Industry
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Fisheries

Extractive Industry
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Forestry

Extractive Industry
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Promoting Transparency in Guyana’s Extractive Sectors

The Extractive Industries Transparency Initiative (EITI) is a global standard that promotes transparency and accountability in the oil, gas and mining sectors. It has a robust yet flexible methodology for disclosing and reconciling company payments and government revenues in implementing countries.

We are committed to delivering on the promise of the EITI to realise greater transparency in Guyana’s extractive sectors so that citizens benefit from the resources that belong to them.

Economic contribution of the extractive industries (FY 2020)
44.78 %
Total contribution to the GDP for FY 2021
45.54 %
Total contribution to Government Revenues for FY 2021
89.36 %
Total contribution to Exports for FY 2021
18.07 %
Total contribution to Employment for FY 2021

Multi-Stakeholder Group

The Multi-Stakeholder Group (MSG) plays a crucial role in the Extractive Industries Transparency Initiative (EITI) process. The MSG is a key component of the EITI framework, and its primary role is to oversee and facilitate the implementation of EITI standards in a participating country.
Overall, the MSG is a critical element of the EITI process, as it ensures that the initiative’s principles of transparency, accountability, and inclusivity are upheld in the governance of a country’s extractive industries. Learn more

Country Reports