AGP Executive Report
Last update: 5 hours agoPower Negotiations: Government officials remain silent as Karpowership reportedly demands an extra US$3.4M daily to keep supplying 36MW, pushing rates up to match the second vessel’s higher price. Oil & Gas (Local Deals): Sispro, a women-led Guyanese consortium, says it has partnered with Nigeria’s Bono Energy and is ready to sign a PSA with the state within days. Oil & Gas (Risk of Losing Block): Ghana-based Cybele Energy is at risk of losing its shallow-water offshore concession after failing to pay a US$17M signing bonus, with about US$4M in accrued interest. Mining (Project Spotlight): Canadian G Mining Ventures’ Oko West Gold project in Region 7 is featured as a “next big thing,” with construction progress and first gold targeted for late 2027. Aviation Infrastructure: Three firms bid for CJIA’s air traffic control tower, including two Chinese joint ventures and a Guyanese JV, with bids ranging from GY$3.9B to about US$89M. Education & Local Capacity: 13 bids received for a CPCE Centre in Region 2, aimed at training teachers in remote communities. Finance & Banking: Citi gets approval to open a representative office in Georgetown to deepen access to products and partnerships. Energy Transition (Fisheries): Canada-backed STAR-Fish ramps up clean-energy interventions for Caribbean fisheries, including renewable power and cold-chain upgrades. Business & Growth Policy: Local Content law is highlighted as driving spillover growth beyond oil into agriculture, housing, transport and healthcare. Public Safety: A Blairmont fire killed a wheelchair-bound woman; authorities are investigating the cause. Diaspora Finance: President Ali announces a new diaspora bond to fund public infrastructure projects, expected within a week.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.