Guyana’s customs agency announces regulatory procedures for shorebases
Dated: November 18th, 2021
The Guyana Revenue Authority (GRA) on Wednesday announced a slew of regulatory procedures meant to govern the establishment of shorebases servicing the country’s petroleum sector. In a public notice, GRA said that back on October 9, 2021, it had published information in the Official Gazette advising of the Floating Production Storage and Offloading (FPSO) facility being deemed a “Private Warehouse and Sufferance Wharf” for Customs purposes.
The rapidly expanding offshore operations in Guyana is seeing the need for more shorebase facilities. Guyana’s Minister of Public Works, Bishop Juan Edghill said in October that the government has given ‘no-objections’ to eight such projects, in addition to expansion works at the Guyana Shore Base Inc. (GYSBI).
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