A Review of the Legal Framework of Local Content Provisions in Guyana
Article from: OGEL 2 (2020), in Energy, Institutional Reforms and Development in Latin America
This paper provides an overview of the legal framework of local content in Guyana. This paper builds on the existing research in the area of local content and examines some of the challenges of local content development and implementation in Guyana, a new oil and gas frontier. The legal framework of local content in Guyana is compared with several other oil producing developing countries. This article argues that notwithstanding some form of local content provisions in the law or contractual agreements, the very existence of local content does not lead towards improvement in the local ...