Guyana, Dominican Republic advance talks on oil, gas and energy cooperation

President of Guyana Dr Mohamed Irfaan Ali met with President of the Dominican Republic Luis Abinader Corona and a high-level delegation in Georgetown on Thursday as the two countries continue discussions aimed at expanding cooperation in oil, gas and broader energy development.

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The meeting at State House also included Samuel Pereyra, along with other officials from the Dominican energy sector.

Talks centered on strengthening collaboration in energy, petrochemicals, agriculture and regional energy security, with both governments reviewing opportunities for joint investment in Guyana’s expanding oil and gas industry.

Officials said the latest engagement builds on discussions initiated in 2023, when both countries first identified strategic areas for cooperation, including energy infrastructure and supply security across the Caribbean.

Among the areas under review are potential investment interests linked to the Berbice Block—previously held by On Energy—as well as broader cooperation in refinery development, petrochemical production and regional fuel supply stability.

President of Guyana Dr Mohamed Irfaan Ali said the talks continue work begun two years ago, with a focus on building long-term energy resilience.

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“At that time we spoke of the establishment of a refinery, and we would love to continue the discussions and see how we can arrive at a model that can build energy and supply security for Guyana and the rest of the region,” President Ali said.

He also pointed to Guyana’s Gas-to-Energy project at Wales as another key opportunity for collaboration between private-sector entities in both countries.

The two sides further noted growing partnerships between companies in Guyana and the Dominican Republic in agriculture, energy and petrochemicals, with several consortia already taking shape.

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At the conclusion of the meeting, officials said they were satisfied with progress made since the 2023 agreements and reaffirmed their commitment to deepening economic ties.

President Ali described the engagement as “a very historic day,” saying it marked an important step toward strengthening regional energy security and expanding economic opportunities across the Caribbean.

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