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Guyana oil wealth will be billions

Regional 16 Dec, 2019 Follow News

Guyana oil wealth will be billions

Guyana’s consistent oil exploration success will be a plus even in a challenging oil price environment and will generate billions of dollars in additional revenue. When the oil revenue comes in it will raise the quality of every citizen’s life.

Since 2015, ExxonMobil and its partners have made 14 discoveries, totalling more than six billion recoverable barrels of oil equivalent. The Liza field, the first discovered by ExxonMobil, is expected to start producing by year-end.

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