Guyana received more than G$370 billion in profit oil payments over three months, as the country continued collecting its share of earnings from offshore crude oil production.
The receipts, detailed in an Official Gazette notice published on October 12, show that approximately G$370.1 billion was deposited into the Natural Resource Fund between July and September 2026 from the government’s share of profit oil.
The Gazette lists 22 profit oil payments deposited during the period, linked to crude oil lifted from the Liza Destiny, Liza Unity, Prosperity and ONE GUYANA floating production vessels.
The payments varied in size, with several individual deposits exceeding G$18 billion. One of the largest was approximately G$19.2 billion, deposited on August 28 for profit oil from the ONE GUYANA vessel.
A further G$23.2 billion was deposited as a royalty payment related to second-quarter production. The fund also received approximately G$20.8 million from CGG Services SAS under a 3D seismic multi-client agreement.
Together, the listed receipts amounted to approximately G$393.3 billion in petroleum revenues over the three-month period.
However, the dates of the deposits do not necessarily correspond to when the oil was produced or lifted. Some payments recorded during the third quarter relate to crude oil lifted in June, while others relate to lifts carried out in July and August.
The Gazette also cautions that the figures are reported on a cash basis and may change following price reconciliation.
The latest figures show the scale of the petroleum revenues flowing into Guyana’s oil fund, but the receipts alone do not establish how much money remained in the fund at the end of September. That balance is also affected by government withdrawals and investment income.
For the public, the distinction is important: money entering the Natural Resource Fund is not the same as money immediately available for spending on roads, schools, hospitals or other public services. Withdrawals from the fund are governed by the Natural Resource Fund Act and the approved national budget.
The receipts were published pursuant to Section 33(2) of the Natural Resource Fund Act 2021, with the Bank of Guyana identified as the source.
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