Oil & Gas
Extractive Industry
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Extractive Industry
Learn More Fisheries
Extractive Industry
Learn More Forestry
Extractive Industry
Learn More 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
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
29 December 2023
Guyana’s fifth EITI Report for FY 2021 was published on the GYEITI website on December 29, 2023. The...