Other Major Services
The Guyana Revenue Authority’s Customs Petroleum Unit monitors and verifies activities in the oil and gas sector for taxation purposes based on the PETROLEUM (EXPLORATION AND PRODUCTION) ACT and in keeping with the Production Sharing Agreement between the Guyana Government, Esso Exploration and Production Ltd, CNOOC Nexen Petroleum Ltd and HESS Guyana Exploration Ltd.
Large Taxpayers including those directly or indirectly involved in the industry are assessed and given the support necessary to meet their legal obligations. In like manner, the Internal Audit Department and Special Investigation Unit ensure that the performance and conduct of staff are in accordance with the rules of the organization and that its valuable assets and resources are properly accounted for.