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Guyana oil share claims face scrutiny from Bank of Guyana data
Guyana President Irfaan Ali has stated that the nation’s oil share from the Stabroek Block has increased from 12.5% to 39.8%. However, data from the Bank of Guyana’s 2026 Half-Year Report suggests a potential discrepancy in these figures.
The Bank of Guyana report indicates that the government will receive more than 12.5% of gross revenue in profit oil, while partners in the Stabroek Block may continue to recover costs totaling up to 75% of gross revenue. This implies that the actual profit share for Guyana could range between 12.5% and 39.8% depending on development costs and project approvals.
Additionally, Exxon reported that US$55 billion in capital and operating costs were expected to be paid off by the end of the second quarter of 2026, though the specific projects included in that figure were not explicitly detailed.
Entities
Ashni K. Singh · Bank of Guyana · Exxon · Irfaan Ali · Stabroek Block
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The Bank of Guyana’s 2026 Half-Year Report indicates the government will receive more than 12.5 percent of gross revenue in profit oil. haitigazette.com · stvincenttribune.com · barbadosgazette.com
- [● 3 SOURCES] President Irfaan Ali stated that Guyana’s oil share from the Stabroek Block increased from 12.5% to 39.8%. haitigazette.com · stvincenttribune.com · barbadosgazette.com
- [DISPUTED] Exxon reported that US$55 billion in capital and operating costs were expected to be paid off by the end of the second quarter of 2026. haitigazette.com · stvincenttribune.com · barbadosgazette.com
- [● 3 SOURCES] Stabroek Block partners can recover costs totaling up to 75 percent of gross revenue. haitigazette.com · stvincenttribune.com · barbadosgazette.com