gogechamberAug 10, 20211 min readGuyana amends Petroleum Law to protect use of private lands in multimillion dollar projects.Members of Guyana’s National Assembly on Monday debated and passed the Petroleum (Production and Exploration) Amendment Bill-2021 which will now ensure proper oversight by the government during the acquisition of private lands by a licensee for major oil projects. Significantly, it ensures that there is proper compensation for citizens when such lands are acquired.
Members of Guyana’s National Assembly on Monday debated and passed the Petroleum (Production and Exploration) Amendment Bill-2021 which will now ensure proper oversight by the government during the acquisition of private lands by a licensee for major oil projects. Significantly, it ensures that there is proper compensation for citizens when such lands are acquired.
