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Guyana is continuing to ready itself for oil production, with the US playing a major role in assistance.According to a Government statement yesterday, Minister of Governance and National Patrimony within the Ministry of the Presidency, Raphael Trotman, recently attended a series of high level meetings in Washington D.C on Energy Governance and Capacity Initiative (EGCI).Trotman, a former Speaker of the National Assembly, has responsibilities for the natural resources sector under the month-old coalition David Granger-led Government.Minister of Governance, Raphael TrotmanAccording to the Government,wholesale nfl jerseys, the EGCI is a US Department of State-led, US inter-agency effort, to provide a wide range of technical and capacity building assistance to the host governments of select countries that are on the verge of becoming the world’s next generation of oil and gas producers.The countries receiving EGCI assistance have world-class hydrocarbon resource potential and are expected to receive sizable, near term financial windfalls from the development of their oil and gas resources,Cheap Jerseys Store, the statement explained.Recently,Cheap Jerseys Free Shipping, Guyana received news that an oil exploration well drilled off-shore Georgetown by US-owned ExxonMobil, has unearthed significant evidence that a reserve is there that can be commercially tapped. It has been news that Guyana  waited for years now,Cheap Jerseys From China, as its neighbours have wells that are being exploited.  At least two offshore attempts have failed in recent years.But there have been concerns over the country’s readiness.According to Government yesterday, EGCI’s core objective is to help such countries establish the capacity to manage their oil and gas resources responsibly.The ExxonMobil drill ship that recently struck what appears to be a significant amount of oil offshore Guyana.Although EGCI’s goals are country-specific in nature, the programme broadly tries to ensure sound and transparent energy sector governance for the benefit of national economic development, the statement explained.Managed by the Bureau of Energy Resources at the State Department, EGCI works in four areas of capacity building that include the technical understanding of the resource through applying the most appropriate technologies.“Financial issues that establish responsible systems and procedures for managing revenues derived from the sector. Establish and ensuring that national laws and regulations are consistent with international best practices and understanding mitigating measures that would protect the environment and people from  the impacts of resource exploitation.”During the meetings, Minister Trotman was “able to have fruitful discussions on issues such as Offshore and Regulatory overview,Cheap Jerseys From China, Lease Sale Planning, Company Bonding,NFL Jerseys Cheap Wholesale, and National Environmental Policy Act (NEPA), Analysis and Review of Exploration and Production Plans,” Government said.Additionally, the meeting facilitated a networking link that will be pivotal as Guyana advances its activities in the Oil and Gas sector.