Guyana Nearly Doubles Its 2026 Oil-Revenue Forecast to About US$6.5 Billion

The Ministry of Finance 2026 Mid-Year Report raised projected full-year petroleum revenue roughly 137%, to about US$6.5 billion, on first-half crude exports of US$15.05 billion and output near 902,000 barrels per day.

Guyana's Ministry of Finance said real GDP expanded 33.3% in the first half of 2026 and raised its full-year growth forecast to 20.8%, according to the 2026 Mid-Year Report published September 15. Crude oil exports topped US$15.05 billion over the six months, and Georgetown more than doubled its 2026 petroleum revenue projection to about US$6.5 billion, made up of US$5.9 billion in profit oil and US$508.1 million in royalties.

A revision that resets the basin

The revision, about 137% above the earlier US$2.8 billion projection, reflects faster repayment of ExxonMobil's Stabroek Block costs and firmer world prices, the ministry said. Georgetown now expects 84 oil lifts this year rather than 40, with output near 902,000 barrels per day.

A near-doubling of a sovereign's oil take resets the region's fastest-growing economy and sharpens every downstream question the basin now faces, from oil-fund withdrawal rules and capacity spending to the Guyana and Suriname producer race, as neighboring states press their own case for development financing and debt relief.

Source: Guyana Ministry of Finance, Mid-Year Report 2026, via the Department of Public Information (September 15, 2026) and Kaieteur News (September 19, 2026).