Guyana’s Natural Resource Fund (NRF) closed 2025 with a balance of US$3.2 billion, according to Minister of Finance, Dr Ashni Singh, who on Monday presented the 2026 Budget to the National Assembly.
Dr Singh reported that during 2025, there were 260 lifts of crude oil from Guyana’s four producing Floating Production Storage and Offloading vessels (FPSOs), including a combined inaugural lift from the One Guyana FPSO. Of these, a total of 32 lifts were executed for the Government of Guyana.
The government’s lifts comprised six from the Liza Destiny FPSO, 11 from the Liza Unity FPSO, 12 from the Prosperity FPSO, and three from the One Guyana FPSO. The profit oil payments received in 2025 corresponded to two lifts executed in the final quarter of 2024, 29 Government lifts carried out in 2025, and the Government’s share from the inaugural lift from the One Guyana FPSO.
According to Dr Singh, for 2025, the Natural Resource Fund received US$2.1 billion in profit oil, comprising US$400.1 million from Liza Destiny, US$767.7 million from Liza Unity, US$824.4 million from Prosperity, and US$133.6 million from One Guyana.
In addition, US$330.7 million in royalty payments was received from the Stabroek Block operator. Petroleum revenue receipts for the year also included a US$15 million signing bonus from a new Production Sharing Agreement (PSA) signed on November 11, 2025, with a consortium for the shallow-water Block S4 offshore Guyana.
In accordance with the provisions of the Natural Resource Fund Act 2021 and approvals granted by the National Assembly, a total of US$2.463 billion was withdrawn from the Fund in 2025 to finance national development priorities under Budget 2025.
After accounting for interest income and net withdrawals, the balance in the Natural Resource Fund at the end of 2025 stood at US$3.250 billion, Dr Singh reported.