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Guyana gets US$1.89b in oil money for 3rd quarter as higher profit kicks in

-22 profit oil lifts recorded compared to 11 in 2nd quarter   With more profit now available, Guyana received US$1.886 billion, equivalent to approximately $393.3 billion, in petroleum revenues during the third quarter of this year, according to a notification published in the Official Gazette on October 12 The receipts comprised US$1.775 billion from 22 profit-oil payments, a royalty payment of US$111.2 million and a payment of US$99,985 from CGG Services SAS under a 3D seismic multi-client agreement.

Guyana gets US$1.89b in oil money for 3rd quarter as higher profit kicks in