Guyana recorded US$577.6 million in oil revenues during the first quarter of 2026, representing a 25.68 per cent increase when compared to the US$459.58 million received during the corresponding period last year.
According to the Bank of Guyana’s Natural Resource Fund (NRF) Quarterly Report for the period January 1 to March 31, 2026, inflows to the Fund totalled G$120.43 billion (US$577.6 million), comprising earnings from profit oil and royalties.
The report stated: “During the quarter, the Fund accounted for inflows amounting to G$120,430.15 million (US$577.6 million) comprising of profit oil – G$97,308.85 million (US$466.71 million) and royalties – G$23,121.3 million (US$110.89 million).”
Profit oil accounted for the largest share of the revenues, contributing G$97.31 billion (US$466.71 million), while royalties generated G$23.12 billion (US$110.89 million). No signature bonus payments were recorded during the quarter.
The NRF report noted that the first-quarter inflows were lower than the previous quarter, when the Fund received G$180.9 billion (US$867.65 million), which included revenues from profit oil, royalties and a US$15 million signature bonus.
Comparing the first quarter of 2026 with the same period in 2025, the report showed that inflows increased from G$95.82 billion (US$459.58 million) to G$120.43 billion (US$577.6 million), reflecting a 25.68 per cent rise.
The report also disclosed that Guyana lifted seven one-million-barrel oil cargoes as its share of profit oil during the quarter and is expected to benefit from a total of 40 lifts in 2026. To date, the country has received 106 profit oil lifts since the establishment of the Fund.
Since its inception, the NRF has received US$8.04 billion from profit oil, US$1.23 billion from royalties and US$15 million in signature bonus payments.
