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Mr. Vickram Bharrat, Minister of Natural Resources with responsibility for Petroleum, fully endorsed the second edition of the International Energy Conference and Expo Guyana 2023 (IECEG), which is scheduled to take place from February 14-17, 2023. The Conference and Expo continues to receive support both locally and internationally with the return of the President Irfaan Ali, the President of Suriname, Chandrikapersad Santokhi and for the first time Prime Minister of Trinidad and Tobago, Dr. Keith Rowley, as keynote speakers at the Conference.
Minister Bharrat, at his office in Kingston, Georgetown, met with the CEO, Mr. Kurt Baboolall, of the International Energy Conference and Expo Guyana 2023, and he said, “The Government of Guyana is fully in support of the International Energy Conference and Expo Guyana, and we expect this year to be even bigger than 2022, and as we continue to grow our oil and gas sector, we look forward to attracting more investors to Guyana. Our government has been putting a lot of emphasis on the non-oil economy, as well, and this conference will highlight opportunities in those sectors. It is not just an oil and gas conference; it is an energy conference that focuses on renewables, sustainability and investment opportunities across all sectors.”
He added, “Guyana is one of the most exciting destinations in the world right now, it is the opportune time to not only visit Guyana but to explore our immense investment opportunities. There are so many opportunities now as we develop all the sectors. Now is the right time for anyone to invest in Guyana; Our Government is working assiduously to address the cost of energy production in Guyana, which will allow an even more attractive investment destination.”
Meanwhile, the Conference and Expo’s CEO, Mr. Baboolall, said, “The secretariat is proud to have the Ministry of Natural Resources and, by extension the Government of Guyana’s ongoing support. Their indication of support for the conference and expo demonstrates the Government’s confidence in our Secretariat and our ability to provide a reputable avenue for energy discussions. The Conference and Expo offers a forum for the government to drive the energy conversation by addressing the demands of the industry and its stakeholders.”
In line with the goals and objectives of the Local Content Policy, it is anticipated that the Conference and Expo will promote Guyana as an oil and gas investment destination, establish and strengthen productive industry relationships, and offer a platform for local businesses to access collateral and joint ventures. In the short to medium term, the Conference plans to promote its portfolio of spin-off oil and gas assets in addition to national infrastructure projects.
The Conference and Expo has been able to attract over 30 sponsors and 150 exhibitors. This year, the IECEG Secretariat confirmed that the conference will have more delegates, sponsors, and exhibitors than last year.
This year, the Conference and Expo is being hosted under the theme ‘Harnessing Energy for Development’ and is expected to assemble Heads of State and Government, government officials, policymakers, academics, industry professionals, and global energy thought leaders. (Release)