Guyana hoping to access WB loan to help build capacity in oil and gas sector

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Ministers of Natural Resources, Hon. Raphael Trotman and Hon. Simona Broomes meeting with technical experts from the World Bank in relation to a US$20M loan to build capacity in the oil and gas industry.

Guyana is expecting to access an advance on a US$20M World Bank loan to build capacity in the oil and gas industry.

Ministers of Natural Resources, Hon. Raphael Trotman and Hon. Simona Broomes meeting with technical experts from the World Bank in relation to a US$20M loan to build capacity in the oil and gas industry. (DPI photo)

According to a brief report from the Department of Public Information (DPI), Minister of Natural Resources, Raphael Trotman, today, said the government is pushing to receive the initial advance of US$1.7M, by June.

The loan will be used to build the oil and gas capacity in three important areas Minister Trotman explained. (Inews will provide more details later)

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