{"id":16907,"date":"2024-02-27T21:44:03","date_gmt":"2024-02-27T21:44:03","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=16907"},"modified":"2024-02-27T21:44:04","modified_gmt":"2024-02-27T21:44:04","slug":"vice-president-jagdeo-assures-safety-of-investments-in-guyanas-energy-sector","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/vice-president-jagdeo-assures-safety-of-investments-in-guyanas-energy-sector\/","title":{"rendered":"Vice President Jagdeo Assures Safety of Investments in Guyana&#8217;s Energy Sector"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><strong><em>By Samuel Sukhnandan<\/em><\/strong><\/p>\n\n\n\n<p>Day Two of the Energy Conference saw Vice President Dr. Bharrat Jagdeo reaffirming Guyana&#8217;s commitment to ensuring the safety of investments in its burgeoning oil and gas industry. <\/p>\n\n\n\n<p>Amidst the gathering of stakeholders and foreign investors, Dr. Jagdeo emphasized the government&#8217;s dedication to fostering economic development for the benefit of the nation and its people. <\/p>\n\n\n\n<p>Dr. Jagdeo dismissed concerns that foreign investors are seeking to exploit Guyana&#8217;s resources, emphasizing instead the government&#8217;s collaborative approach to working with investors for mutual benefit.<\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/02\/Samuel-VP-Energy-1.mp3\"><\/audio><\/figure>\n\n\n\n<p>The Vice President highlighted ongoing efforts to establish a robust regulatory framework for the oil and gas sector, inviting feedback on the new production sharing agreement (PSA) aimed at governing future oil exploration licenses.<\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/02\/Samuel-VP-Energy-2.mp3\"><\/audio><\/figure>\n\n\n\n<p>Addressing fears of the &#8220;Dutch disease,&#8221; Dr. Jagdeo assured attendees that the government has implemented strategic policies to mitigate such risks and ensure sustainable economic growth.<\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/02\/Samuel-VP-Energy-3.mp3\"><\/audio><\/figure>\n\n\n\n<p>He underscored Guyana&#8217;s commitment to balancing the opportunities presented by its vast rainforest resources with the continued expansion of the oil and gas industry, emphasizing the importance of environmental stewardship and responsible development.<\/p>\n\n\n\n<p>As Guyana seeks to harness its energy potential while safeguarding national interests, Vice President Jagdeo&#8217;s remarks underscore the government&#8217;s proactive stance in fostering a conducive environment for investment and sustainable development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Samuel Sukhnandan Day Two of the Energy Conference saw Vice President Dr. Bharrat Jagdeo reaffirming Guyana&#8217;s commitment to ensuring the safety of investments in its burgeoning oil and gas&hellip;<\/p>\n","protected":false},"author":4,"featured_media":16908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[360,366,363,350],"tags":[],"class_list":["post-16907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-local-development","category-national-transformation","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=16907"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16907\/revisions"}],"predecessor-version":[{"id":16912,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16907\/revisions\/16912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/16908"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=16907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=16907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=16907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}