EVER since Guyana sold its first 1,000,000 (one million) barrels of crude in February 2020 for GY$11.5 billion, the petroleum industry has raked in as much as GY$440 billion; this represents GY$57 billion more than the national 2021 budget. An analysis done by OilNow shows that since 2016, the burgeoning oil-and-gas sector has contributed more …
O&G sector contributes over $50B in taxes
