{"id":27073,"date":"2025-03-27T18:25:35","date_gmt":"2025-03-27T18:25:35","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=27073"},"modified":"2025-03-27T18:25:36","modified_gmt":"2025-03-27T18:25:36","slug":"pm-phillips-highlights-guyanas-role-in-global-energy-shift","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/pm-phillips-highlights-guyanas-role-in-global-energy-shift\/","title":{"rendered":"PM Phillips Highlights Guyana\u2019s Role in Global Energy Shift"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><em>By Celestine Chacon<\/em><br><em>February 20, 2025<\/em><\/p>\n\n\n\n<p>Georgetown, Guyana \u2013 Acting President and Prime Minister, Retired Brigadier Mark Phillips, underscored Guyana\u2019s emergence as a key player in the global energy sector during his keynote address on the third day of the 2025 Guyana Energy Conference and Supply Chain Expo.<\/p>\n\n\n\n<p>Phillips emphasized that Guyana\u2019s rise in the energy sector aligns with a broader international push toward sustainable energy solutions. <\/p>\n\n\n\n<p>As a developing oil-producing nation, Guyana is strategically positioned to contribute to global energy security while advancing its own sustainable development goals.<\/p>\n\n\n\n<p>Reaffirming the government\u2019s commitment to stable and affordable energy for all Guyanese, Phillips outlined ongoing initiatives to enhance the country\u2019s energy infrastructure. <\/p>\n\n\n\n<p>He highlighted a $7.9 billion investment dedicated to solar energy expansion, hydropower revitalization, hinterland electrification, and large-scale solar projects aimed at reducing reliance on fossil fuels.<\/p>\n\n\n\n<p>Additionally, Phillips stressed the positive impact of these developments on local businesses, entrepreneurs, and citizens. <\/p>\n\n\n\n<p>He noted that investments in energy will not only create jobs but also provide greater access to essential resources, fostering economic empowerment and long-term prosperity.<\/p>\n\n\n\n<p>The Prime Minister also acknowledged the role of private sector investments and industry leaders in ensuring that Guyana\u2019s energy wealth translates into lasting economic benefits. <\/p>\n\n\n\n<p>He emphasized that events like the Guyana Energy Conference and Supply Chain Expo serve as crucial platforms for fostering partnerships and driving strategic growth in the sector.<\/p>\n\n\n\n<p>The conference continues to attract global energy leaders, policymakers, and investors, reinforcing Guyana\u2019s position as a rapidly growing energy hub in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Celestine ChaconFebruary 20, 2025 Georgetown, Guyana \u2013 Acting President and Prime Minister, Retired Brigadier Mark Phillips, underscored Guyana\u2019s emergence as a key player in the global energy sector during&hellip;<\/p>\n","protected":false},"author":4,"featured_media":25604,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[350],"tags":[],"class_list":["post-27073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27073","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=27073"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27073\/revisions"}],"predecessor-version":[{"id":27074,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/27073\/revisions\/27074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/25604"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=27073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=27073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=27073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}