AGP Executive Report
Last update: 5 hours agoCorentyne Bridge Rift: Suriname President Jennifer Geerlings-Simons says Guyana was formally told in February that Paramaribo would finance the Corentyne River Bridge “go-it-alone,” while Guyana’s President says it will await official correspondence and Guyana’s foreign minister denies any official notice—deepening a cross-border dispute with major political and financial stakes. CARICOM Aid for Cuba: CARICOM’s long-delayed humanitarian package for Cuba has finally cleared sanctions-related banking hurdles, with goods including baby formula, non-perishables, medical supplies, and solar/battery and water equipment. Suriname Offshore Bids: Staatsolie received two new bids for offshore blocks in its open-door offering, with proposals in the Demerara sector; competing offers are due by Oct. 4, 2026. Suriname Oil & Gas Momentum: Petronas announced new hydrocarbon discoveries in Block 52, lifting estimated recoverable resources to over 1 billion barrels of oil equivalent, while SBM Offshore starts sourcing a flotel for TotalEnergies’ GranMorgu deepwater project. VAT Refund Pressure: Trinidad and Tobago manufacturers urged urgent action on outstanding VAT refunds, warning delays are choking reinvestment and jobs. Regional Maritime Industry: The BVI Ports Authority joined Suriname-hosted PMAC talks on port electrification, maritime security, and resilience. Mining Update (Suriname): Miata Metals reported new high-grade gold intersections at its Sela Creek project, including 17.19 m at 3.14 g/t Au.
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