…cites transparency, long-term development approach
United States Deputy Assistant Secretary of the US Commercial Service Bradley McKinney has praised Guyana’s approach to energy development, highlighting the country’s governance framework, investor collaboration, and long-term planning as defining features of its emerging oil and gas sector.
Speaking in Houston, Texas, McKinney said Guyana stands out not only for the scale of its hydrocarbon reserves but also for how it is managing them.
“But what makes Guyana truly stand out is not just the scale of its [oil] reserves; it’s how it’s developing. A commitment to transparent governance, strong collaboration with global operators, and a clear focus on long-term national development are just a few ways to characterise that approach,” McKinney said.
He added that Guyana’s leadership is central to its development trajectory, noting that President Dr Irfaan Ali has positioned the country as both an energy producer and a global partner in the sector.
“That approach starts at the top… You are demonstrating leadership and positioning Guyana not just as a major energy producer, but as a forward-looking partner in the global energy system,” he stated, adding that for US companies and international investors, “our partnership is not just a resource play; it is a model for responsible energy development.”
McKinney’s remarks come against the backdrop of Guyana’s continued expansion in the oil and gas industry and its efforts to balance hydrocarbon development with environmental sustainability.
At the Offshore Technology Conference (OTC) in Houston on Monday, President Ali outlined Guyana’s dual-track energy strategy, which focuses on extracting value from oil resources while simultaneously building renewable and low-carbon energy systems.
The President told the conference that investments in Guyana’s energy sector represent investments in a sustainable future. He stressed that the country has rejected what he described as a false choice between economic development and environmental protection.
“We are extracting full value from our hydrocarbon resources while simultaneously building the renewable and low-carbon systems that will define our future. These objectives do not conflict. Managed properly, they reinforce each other,” President Ali said.
He also pointed to Guyana’s role as one of the fastest-growing oil producers globally while maintaining one of the world’s largest net carbon sinks. He noted that approximately 85 per cent of Guyana’s landmass is covered by forest, which absorbs more than 150 million tonnes of carbon annually.
The President referenced the Low Carbon Development Strategy (LCDS) and the Global Biodiversity Alliance (GBA) as key pillars of the country’s environmental framework, arguing that forest conservation should be recognised and valued within global climate systems.
“Countries that preserve forests and biodiversity are delivering a service to the world. That service must be recognised, supported, and monetised,” he said.
Ali further argued that energy production, climate leadership, and biodiversity protection are interconnected rather than conflicting objectives.
“We are showing that a country can, at the same time, produce oil, maintain a net carbon sink, expand renewable energy, and protect its natural environment,” he said, adding that Guyana’s model reflects a “balanced framework” for global energy development.
He also noted that the global energy transition is increasingly dependent on critical minerals such as lithium, cobalt, and copper, pointing out that electrification technologies require significantly more mineral inputs than conventional energy systems.
The Government has maintained that its development strategy is aimed at positioning Guyana as a key player in both the traditional energy market and the emerging green economy.
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