Guyana More Than Doubles Its 2026 Oil Revenue Forecast to US$6.5 Billion

The Ministry of Finance mid-year report lifts Georgetown's projected petroleum take to US$6.4976 billion, a 136.8% jump from the US$2.8 billion first budgeted.

Guyana has more than doubled its forecast for 2026 oil revenue, with the Ministry of Finance mid-year report lifting the government's projected petroleum take to US$6.4976 billion. That is a 136.8% increase on the US$2.8 billion first written into the budget, and it resets the fiscal arithmetic for the fastest-growing economy in the hemisphere.

The revision rests on two forces the government names directly: firmer crude prices through the first half of the year, and faster cost recovery on the Stabroek block, which brings a larger share of production value to the treasury sooner. Together they move the needle by billions in a single half-year.

For a country that pumped its first barrel only at the end of 2019, the pace of the change is the story as much as the size. A doubling of the projected take is the kind of swing that decides how much a government can commit to infrastructure, transfers and its sovereign fund in the same year it earns it.

The figures are drawn from the Ministry of Finance mid-year report, carried through the Department of Public Information and Kaieteur News. The Ledger reports the government's stated take, not the gross export value of the crude.