Guyana’s Natural Resource Fund (NRF) received US$2.1 billion in profit oil revenues in 2025, according to Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh, during his Budget 2026 presentation in the National Assembly on Monday.
Presenting the NRF update, Singh told the House that 260 lifts of crude oil were conducted from Guyana’s four producing floating production, storage and offloading vessels (FPSOs) during 2025, including an inaugural combined lift from the One Guyana FPSO.
“Mister Speaker, in 2025 there were 260 lifts of crude oil from Guyana’s four producing FPSOs, including a combined inaugural lift from the One Guyana FPSO,” Singh said.
He detailed that government lifts for the year amounted to 32 in total, comprising “six lifts executed from Liza Destiny for government, eight from Liza Unity, and 12 from Prosperity, along with three from the One Guyana FPSO.”
Singh explained that the profit oil payments received in 2025 reflected “two lifts that occurred in the final quarter of 2024, 29 of the government lifts that occurred in 2025 and government’s share from the inaugural lift from the One Guyana FPSO.”
Breaking down the revenue inflows, the Finance Minister reported that the US$2.1 billion in profit oil comprised US$400.1 million from Liza Destiny, US$767.7 million from Liza Unity, US$824.4 million from Prosperity, and US$133.6 million from One Guyana.
In addition, Singh said royalty payments totalling US$330.7 million were received from the Stabroek Block operator during the year.
“Petroleum revenue receipts for 2025 also included a 15 million US dollar signing bonus from a new production sharing agreement signed on November 11, 2025, fully disclosed, Mister Speaker, fully disclosed and deposited in the Natural Resource Fund,” he told the House.
Singh further noted that, in accordance with the NRF Act 2021 and approvals granted by the National Assembly, US$2.463 billion was withdrawn from the Fund in 2025 to finance national development priorities outlined in the budget.
“At the end of 2025, Mister Speaker, the balance in the NRF, inclusive of interest income and net of withdrawals made, stood at US$3.25 billion,” Singh said.
