The Local Content Secretariat, through the Ministry of Natural Resources, has announced that it will move to update timelines for reviewing and approving applications from January 2026.

In a release today, the Natural Resources Ministry said the move forms part of the Government’s vision to expand and modernize public services.

As of January 2026, Sole proprietorship and landlords will have new applications processed within five working days, with renewals completed within three working days, while, 100% Guyanese-owned companies and business partnerships will have new applications processed within 15 working days, and renewals within 10 working days.

Further, the Ministry stated that all other companies will see new applications processed within 21 working days, while renewals will be completed within 15 working days.

“The Secretariat emphasizes that these timelines only begin once all required documents have been received, ensuring that processing periods are consistent, transparent, and aligned with the government’s commitment to a more responsive public service. An updated list of required documents will be posted on the petroleum.gov.gy website, clearly indicating the documents which will be required under this new framework,” the Ministry stated.

Additionally, the Ministry is urging stakeholders in the petroleum industry to utilize the Local content App, explaining that the platform brings suppliers closer to contractors and subcontractors by streamlining access to procurement needs and strengthening local participation in the sector. In addition to that the ministry said it will be launching a portal where applications can be submitted online to optimize efficiencies in the process.

The Ministry said the move is also intended to bring greater clarity, predictability, and efficiency to the process, ensuring that businesses and companies understand how long approvals will take once all the required documents have been submitted.

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