Georgetown : A twelve-man team from Japan’s Information Center for Petroleum Exploration and Production (ICEP) is on a two – day research mission of Guyana’s oil, gas and natural resources sector. The purpose of the mission is to provide the gathered information to the 29 ICEP member companies seeking good opportunities for funding investments in the sector.
The team met with Minister of Natural Resources and the Environment Robert Persaud today and he gave the commitment of co-operation to assist in the mission.
“They will be having a technical workshop with our technical staff going through the issues, learning a bit more about our legislative framework and the work that has been done. They will be meeting also with the Prime Minister, Minister of Foreign Affairs, and representatives of the private sector who are involved in the business of oil and gas exploration,” Minister Persaud outlined.
President of ICEP and mission leader to Guyana, Akira Suzuki confirmed that Guyana is attracting much attention as an emerging country in terms of its development in oil and natural gas, stating that, “it is good timing for us to come here to seek opportunities,” he said.
Suzuki took the opportunity to express thanks to the Government and people of Guyana for the support extended to the Government and people of Japan in March 2011 when a massive earthquake hit that country.
Suzuki explained that because of the earthquake most of the nuclear power plants in Japan are not working and the country is using mainly thermal power plants as an alternative. Hence the need to find the availability of natural resources, of which Japan has a general scarcity. He expressed confidence that the team would be able to gather a considerable amount of information over their two- day visit.
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