Recent fuel shortages across Guyana have again highlighted the importance of energy security and long-term infrastructure planning. With several gas stations in and around Georgetown reportedly closed or rationing supplies, the issue has underscored how global disruptions can quickly affect local markets, even in one of the world’s fastest-growing oil producers. The Guyana Energy Agency reported that gasoline import costs increased by 38.5% between February 22 and March 17, 2026, amid disruption in global oil markets linked to the Iran conflict.

On April 13th, 2026, President Dr. Irfaan Ali met with fuel importers to address the shortages and facilitate additional shipments as part of efforts to stabilize supply. At the same time, the situation has reinforced the urgency of Guyana’s broader energy agenda, including discussions around a local oil refinery, the advancement of the Gas-to-Energy project, and continued investment in renewable power through the Low Carbon Development Strategy (LCDS). These initiatives are not only about reducing vulnerability to external shocks. They are also about building a more competitive and resilient economy. The Gas-to-Energy project, in particular, is expected to expand power generation capacity, reduce electricity costs, and create the conditions for stronger industrial and manufacturing activity. Meanwhile, the LCDS grid-connected solar rollout is opening new space for households, service providers, installers, financiers, and energy-support businesses as Guyana works to diversify its power mix.

For the private sector, this evolving landscape presents meaningful opportunities in infrastructure, engineering, logistics, energy services, manufacturing inputs, and technology solutions. It also has broader regional relevance. As Guyana continues to strengthen its energy systems, there is growing scope for deeper Suriname-Guyana collaboration in technical services, supply chains, industrial development, and knowledge-sharing.

For SGCC and its members, these developments are highly significant; They speak directly to the Chamber’s mandate to connect businesses to emerging opportunities, support cross-border partnerships, and help position the private sector to engage with the major projects reshaping the Guianas.

Guyana Office (English-speaking)
+592-703-0020 | [email protected]

Suriname Office (Dutch & English-speaking)
+592-746-0020 | [email protected]

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