AGP Executive Report
Last update: 5 hours agoOil & Gas Governance: Guyana’s Natural Resources Ministry says Cybele Energy still hasn’t paid a US$17M signing bonus for offshore Block S7 into the Natural Resources Fund, putting the concession at risk of cancellation after the Dec. 9, 2025 deadline—plus about US$4M in interest. Trade & Industry Finance: The IFC will invest up to US$15M in the Caribbean Community Resilience Fund (CCRF) Debt sub-fund, targeting medium-sized enterprises across 13 countries including Suriname and Trinidad & Tobago, with up to 70% for on-lending and the rest for resilience and sustainability projects. Export Push & Forex: Trinidad and Tobago’s manufacturers’ group TTMA is urging government support to improve foreign exchange access and trade facilitation to double non-energy exports to TT$10.6B by 2030. Agribusiness Pressure on Forests: A commentary warns Suriname not to rely on promises from foreign agribusiness expansion, arguing industrial farming could cut local livelihoods and drive forest clearance. Local Capacity Building: Guyana approved 48 local content plans for major oil-service firms, aiming to expand local participation and competitiveness—an approach regional operators may watch closely.
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