Guyana's Game Changing Oil Discovery
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- Опубликовано: 6 ноя 2020
- Could this country Become the Richest in the World?
Guyana has struck oil. This small South American state, situated to the North of Brazil and the East of Venezuela has a bright future providing it can manage its coming explosive development properly. The extent of the oil discovery within the two hundred nautical miles exclusive economic zone off of the coast of Guyana will undoubtedly transform the country, with the estimated oil find dwarfing the state’s current $7 billion GDP.
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By GeoVane, formerly AR Global Security and Base Rate (Global Guessing, and Crowd Money).
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Oil exploration in Guyana began in the 1940s, however, things ramped up off the state’s coast in 2008 when oil companies such as ExxonMobil, Century Guyana and CGX began to undertake widespread oil exploration. In 2000, a US geological survey estimated the region had recoverable reserves of more than 13.6 billion barrels of oil and 32 trillion cubic feet of gas - the second highest resource potential among unexplored oil basins in the world.
The areas thought to contain oil within Guyana’s exclusive economic zone have been divided into blocks, as is standard in maritime oil drilling. In May 2015 Exxon Mobil announced that it had discovered oil-bearing sandstone reservoirs which could produce 700 million barrels of oil, with a total market value of 40 billion dollars within the Stabroek oil block situated 200 kilometres off of the Guyanese coastline. In the following three years, Exxon went on to discover a further four billion barrels of oil equivalent in the Stabroek Block, which has since been doubled to eight billion in 2020.
In the wake of the findings in 2015, in 2016 the Guyanese government signed a deal with ExxonMobil worth three hundred and twenty-five billion us dollars for a drilling license within Stabroek, giving it access to the now eight billion barrels of oil equivalent - the deal of a lifetime for Guyana, perhaps?
Well, this is not entirely the case.
International watchdog Global Witness has pointed out that ExxonMobil may have pressured the Guyanese government into a rushed deal which would deprive the country of 55 billion dollars. According to Global Witness, Guyanese authorities did not negotiate strongly with ExxonMobil which has a profit stake of 48%, while the Guyanese government has a profit stake of 50% and a royalty stake of 2%. This would be abnormally low when compared with other similar cases, where states normally receive sixty-five to eighty-five per cent of profits, meaning Guyana would receive one hundred and sixty-eight billion dollars instead of a potential two hundred and twenty-three billion dollars which would be considered fair in the view of Global Witness.
The issue of the oil deal has permeated Guyanese politics. A snap general election was held in March 2020, after a vote of no confidence in David Granger’s PNC government in 2018. The deal with ExxonMobil and terms it was agreed upon were at the heart of the election, with many in the press calling this latest election the most important since the state’s independence since 1966. In a controversial election, where it was initially thought that the PNC government which had signed that 2016 deal with Exxon had won, the People’s Progressive Party led by Ifraan Ali ultimately came out on top. The PPP victory earlier this year will most certainly have implications for oil deals, with the Ali led government expected to take a tougher negotiating position on behalf of Guyana.
Nonetheless, the size and extent of the oil fields found off the coast of Guyana are expected to be larger than those of Norway and Oman, and the potential yield per day could be seven hundred and fifty thousand barrels by 2025. Even with its current 52 per cent stake, the revenue generated from the oil found off of the state's coast will be life-changing for the Guyanese people. In late 2019, according to offshoretechnology.com Exxon has discovered yet more oil through its exploratory drilling, and the company is in the beginning stages of production. Additionally, exploration by other companies in blocks further offshore than Stabroek are beginning to look promising, upping the amount of cash Guyana can expect to receive.
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I am a born Guyanese and now a resident of Trinidad and Tobago...I am so proud to hear this ...We had it very hard and suffer alot ..I am glad that my Country got the opportunity to rise up and shine..May the Lord bless Guyana and its people now and forever...
You should go back and get your share. I heard the government is giving out subsidies. I left Guyana 30 years ago, but don't plan on going back.
Trinidad was kind to Guyana in their time of need and many Guyanese lived in TnT. Now Guyanese bad talking Trinidad.
We have been tested with poverty, now we are being tested with wealth, our leaders must show leadership and be leaders by bringing all it’s citizens along. We must always remember to be humble .
U nail it.....i can never forget the flour shortage and other food stuff ...real poverty
Hello. I am curious to know if the new economic resources are already being applied to infrastructure in Guyana. I tried to find something on the internet but I didn't find.
@@ivessandiego1545 I have not been following the news much in Guyana, but from the little know yes.
Here is my email goldenrule786@gmail.com, if you need other information.
@@ivessandiego1545 yes Digo they certainly are, but now it more in AGRICULTURE, as we dont want to have buildings like Venezuela, and starve, that's no Good.
Very nicely said. We have to continue to be peaceful and humble but at the same time protect the borders from Venezuela, there's seems to be something bad brewing there
Politicians on both sides will have to stop filling their pockets and deal with the future of Guyana and it's people.
Ha good luck
I need to see your evidence,talk is cheap
You don’t believe ?😂😂
Wow my country is know
hay Ian, what you mean? listen dont bad talk us politicians ok,
My parents and many relatives are from Guyana. I pray the country and the citizens benefit the most from this new found wealth. 🙏🏽
I from Guyana u parents
Well only a corruption fee government can save GT now...
🇬🇾🇬🇾🇬🇾
They're too corrupt just like the other Caribbean countries. It's the people who gotta take charge. Gov never gives anything for free without some dutty intent behind it
Mutual & remain with its morals!
I love how when we hit oil we on youtube now lol 🤣
Well what else you had to offer before besides "chicken curry" 😂... Kidding!
@@nickovdub6131 Hetmyer 😂😂😂
@@nickovdub6131 🤣🤣🤣🤣🤣🤣
hay 592, where were you all these years? you just wake up? Guyana has been on you tube since it started
@@amazonwarrior7126 I'm talking about Guyana naturally in my feed. I didn't have to search it or look at anything Guyana related for it to show up. And it was about oil. I had already known about it. But it's the first it was there without me looking. That's why I was surprised.
All the best to Guyana 🇬🇾 & its people from Trinidad 🇹🇹
If Guyana doesn't receive an enormous amount of money from this they should invest the little they get into different sectors of the economy and stimulate manufacturing companies that create valuable exporting goods,technology companies and companies that export products like Gold and Others.
Thank you. Be safe.
I proud trini gay
Thank you.....same from me to Trinidad and Tobago!
When the money gonna have value?
When poor people will stop suffering?
When will the politicians live in unity?..And bring unity to the people.
Be blessed and stay blessed Guyana.
Love the words men . Facts you talking
When will poor people stop being ignorant and irresponsible?
@@MrAmhara exactly, poor people must take some responsibility for where they are.
I can see that Guyana will become th next Dubai.Everyday I am seeing rapid development in the country.may the good lord continue to bless President Ali and continue to give him the power and guidance to manage this beautiful and rich country -Guyana.(little Dubai) as I call it.Lots of love to the President and his lovely family and the Guyanese people.I will never stop loving my beautiful country Guyana.❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️Watching from New York.
thanks we in Guyana are little dubai, little America, little england, little Jamaica, little india, little Haiti. little congo, we are all countrys except Guyana. Just emigine if we run out of workers what can we do? we will bit our nails and scream
every one comments the small population, but some smart ass will say we should import workers. really? I think that a brilliant idea.
Most of that is Venezuela
@@shababrk no ! no!! no ! No Venezuelans because we do not want them to take over our beautiful country.
Great info. Just hope some substantial progress is made sooner than later. I’m Guyanese born living in Canada now. I wish only the best for my birth Country. Blessings to all. 🙏😇🙏
I am Guyanese. We can't become the wealthiest country if exxon mobile is taking such a big percentage of the oil profit.
True, but if Exxon cannot make a profit they would not invest in your country. They will not do it for free.
I live in the us I did a college assignment on this Exxon Mobil is cancer for Guyana it’s okay though I’m working on my degree over here in hopes of coming back to Guyana to make a change don’t worry out country will be better
Exactly
Hypothetical question and in no way am I suggesting you should give in to the hypothetical so please don't be offended but what do you think would happen in Guyana became a territory of the USA? Would it be good or bad?
@Kaiju Thank you for your input. I greatly appreciate it!
I love this video for talking about, “Dutch Disease”! The curse of oil wealth is that it drives up the value of the local currency and makes any other “not-oil” exports less competitive.
I pray that everything works out for Guyana.
Please see this documentary. How oil changed a country. Ghana oil find
Please check : how oil changed a country. Documentary on Ghana oil discovery
I wish Guyana and the people of Guyana Gods blessing.I just hope the new government play a fair game and look after the poor people.
Without CORRUPTION GUYANA will be very RICH..🇯🇲🇯🇲🇯🇲
Love Guyana from Kathmandu Nepal
I am from this country and I am so proud. Everyone never knows where I am from when I tell them and now everyone knows it now because of Exxon mobile oil rig.
We the citizens of Guyana have been allowing politicians to get away with far too many corrupted practices. We need to hold them accountable.
How 🤔
@Learning Spanish and this is very unfortunate, I see your point.
@@monstamos13 I'm Guyanese, and fluent in Spanish and Portuguese.
@@sheronforde4967 get rid of them.
@@changeiscoming5227 find cane grove
I really want our country to succeed.
lowe, thanks for that, you won't believe how rare you are, cheering for Guyana, I believe Guyana should give you a medal, a lot of people got opinions, but ask them what can be done for Guyana and they dont know,
I don’t want our country to have its natural resources taken away. They’re going to take everything and left us, the Guyanese hanging.
Secede from what? Are you guys a part of some union?
I’m sorry I’m a retard.
Hopefully another English speaking country in the Americas can be successful.
This is unbiased journalism. Thanks
Thank you! That's the aim of this channel.
All the best to my brothers in Guyana. Wish to visit a wealthy Guyana in 10 years time
Hope our leaders would honest this time around
Don't expect anything big of a change.
There are no honor among thieves lol i agree with you to that but at the same time if the leaders try to boost their citizens in the right direction that leader will be labeled as a threat to the elites who benefit from the poor
@@dmvbay2535 é
Yeah, hopium. Addictive and deadly. You hope they'll be honest this time!!🤣😅🥒🍆🍑. That's like, " I hope Judas Iscariot doesn't take those 30 pieces of silver. " Oil is a curse in so many ways. Exxon has double exes in its name. It means they blatantly say their name is "double cross". Venezuela has had oil for decades. Have their people ever prospered from that oil? Farm and raise animals and thank Jesus for your food and clothing and keep away from that false hope especially what comes from a government.
😂
This country was never even heard of,now that theres oil everyone knows lol
(Edit):thanks for the likes
True
Nah, everybody knows about brother Jimmy.
It's just like when u don't have money no one knows you.
Ukr
🇬🇾
4 real .....
I was born and raised in guyana i now call Canada my home this discovery could be a blessing or a curse
Which part of Guyana U from
You and hundreds of thousands of other Guyanese. I don't blame you.
& here goes “ AMERICA’S NAVY” 😩 I pray for you good citizens of Guyana 🙏🏿
Well I guess you would rather the venezuelans bully them out of their own waters then...
AMERICIAN navy.no we have TRUMP to thank, Guyana in not a banana republic we have demcratrtic values, those PNC idots give Guyana a bad name.
we love them and welcome them all the time
I'm so happy God smile on Guyana , to all guyanese people we all are blessed people.
Thank you for this documentary on Guyana
Genuinely interesting stuff here about something most of us didn’t know about. A well made video too, great job you deserve a cigar 👍😎
Really hope Guyana actually does get what it should from this oil find.
First they have to stop Nepotism and also fix corruption then we could have a transition I love my country it’s been 54 years now I hope the oil money help all the people in Guyana lives a better life and happy God bless.
A United Guyana is a Guyana that cannot be exploited..internally and externally..
You just saying so because you not in power,but as soon as you get power you forget about the people that put you there
There are no united countries left anymore. We're all divided. Even if The Land of Many Waters was united, it only takes a couple of corrupt politicians to sell the resources. Just think of Guyana's gold, bauxite and forests.
Not educated about how these oil deals work.
Nope. Politicians will benefit from it an shit up everything else
@@shamodhanna2259 now if i was in the president seat i would never have to move unless thy creator move me reason being this country got more than enough wealth &resources for me not to live comfortably and each and every citizen living just the same comfortable and satisfied.
Most of the leaders for this country lack vision and the citizens need to get rid of their bribery culture that they embrace and love so much if they want to see a good Guyana.
Also all of the government ministries are too centralized we need to put big government offices in every region and let every region function on its own budget..
Granger had started to go in that direction but he's not a politician and this country divided so he's out.
And seeing that he's a elder Guyanese should've given him more support..
But here is where we are now we as a people just need to unite and demand more from whichever government is in office and support each other just causes and Guyana will be good.
USA to Guyana's oil: Yes
Sad that my country will possibly not gain the major profits from this
hay lord for a reason, we are already getting a load of money, or shall we nationalise every thing, is that your answer? tell me what you want for Guyana?
We better not let them take our shit for free idc
ExxonMobil/CIA always wins...🙈🤣😏
@@solid1378 you don't know nothing you are repeating left-wing rhetoric ,USA has changed since Trump, and yes he is going to rule 4 more years,Guyana is prospering already.
@@amazonwarrior7126 trump not going to be in office long like the ppp 🤣🤣🤣🤣
From india, we love guyena ♥️
You meant you like Guyana amazon warriors n the oil not Guyana let's be real
@@dks7001 they can’t even spell Guyana lol
@@jeremys3951 Lmaoo
I hope the Guyana government keeps there head up and don’t make another country out smart them
Too late the US government and oil company already out smart your Corrupt government
@@hughjah6469 Lol
For reeel.
Just another blessing for this nation with so many natural resources.Precious metal in their soil now oil. Many treated Guyanese as if they were Aliens but we kept our faith .
yes man I feel like an alien and I cant sleep at night.Thank be to mr Mudero of Venezuela who is a very dear friend of Guyana who gives good economic advice to Guyana
Great Videos
Thank you for posting 😅
United States: *Very interesting...*
Guyana is my country of birth. I wish they would stop broadcasting this shit.
@@carribgirl007 soon USA will invade one way or the other
@@ocj305 Mike Pompeo made some deal with the government here last year 😪😪
@@shaunellwilson7190 much love to Guyana....this would be so benefitial to help the people of Guyana...maybe even end poverty...but we all know what's gonna happen and the people that really need help ain't gonna get nothin
@@ocj305 so true,everyone looking for their own interest...they trying though,governments from other countries sent money for us and they shared $25,000 gyd a household.....
Much love to your country as well💛
Let's go my country 🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾
Not mentioned is the fact that Guyana is perhaps the only country which has more of its citizens living overseas than inside the country. Given its wealth potential & a solid democratic nation, Guyana must have Guyanese who are endowed with the right technical capacity/experience and the highest character to manage its impending prosperity. It is challenging for the country to climb from the second poorest in the Western Hemisphere to one with the highest GDP in quick succession. May God bless Guyana.
frank jones, thanks, you are one of the very few who want Guyana to progress, the others hate Guyana and run it down.
excellent video. loved it
Thank you so much for this very informative video!!
Real happy for Guyana.. hope Guyana leaders don't make wrong decisions and be tempted to be corrupted with oil money... respect from TT
Wait that's my country
We never get recognized 🥺
hi Sara,why does Guyana need to be recognised?
@@amazonwarrior7126 WOOAHH CHILL 🅞︎🅤︎🅣︎ 🅑︎🅤︎🅓︎
@@ftmhades481 bruh its a question lol tf
@@amazonwarrior7126 she never said they did lol. But Guyana should get recognized because of its rich culture
@Simon U Just they worrying about nothing,
I was not born in Guyana however my mum and the whole family are. I always felt at home in Guyana where my family still lives there. This is an unbiased documentary.
A whole YT video about Guyana yo!!! I'm touched 🥺
I pray to god that one day my Dear Land of Guyana will prosper and that no other country will call us the Poorest country in the world we are only 800.000 inhabitants and all of us can be come wealthy if our Govt knows how to handle this resource God bless Guyana the country where our four parents laid down their backbones cutting cane to develop it
hello Sara,please get your facts right,we are not the poorest in the world,but a middle income country
@Learning Spanish ,Well we know Venezuela want to destalibse Guyana, and Russia ,but Guyana will not be easily be destalisabilised, oh and of course THE pnc wants that also.
You forget the 2 million live abroad. Do the maths. Since I was a boy. It was 800000 thousand. ,,
@@amazonwarrior7126 Now that US Navy has begun patrolling waters with the Guyana Navy, Venezuela isn't gonna do shit. Because if they EVER struck one of the US Navy vessels, only then will go from not doing shit to shitting their communist pants. In short, the US would unleash its military power and crush Venezuela like a bug...and Venezuela knows it. This was a VERY smart move to "invite" the US down to Guyana to do joint patrols offshore.
@Sara Raposo If the politicians within Guyana don't fuck it up, and most importantly: DO NOT BECOME A COMMUNIST COUNTRY. All one has to do is look at your rotting next door neighbor, Venezuela, to see the end (and predictable) result of what happens when a totalitarian/communist regime seizes power. Also, don't set the bar too high, but depending on the build-out and capitalizing on the oil-related markets, it could be very possible for Guyana to pay out periodic STIPENDS to its citizens, which is done in the oil-rich state of Alaska (only Guyana has larger amounts of oil vs. Alaska, so who knows).
I am learning about Guyana (e.g. watching videos, learning about the culture, etc.) because I work for a WTE company that will be building a facility in the Berbice area, converting bagasse to ultra-clean synthetic fuels. I'll be spending significant time in Guyana, and I am eager to partake and take in all the nature and waterways, Guyanese food, etc. P.S. Is Georgetown as dodgy as many seem to say?
Nice video.. Please do one on Suriname. Seems like a similar story..
🇸🇷
Superb video. Wished I found it sooner.
Nice video !
Guyana: *finds oil*
USA: mine? 🥺👉🏽👈🏽
ALL Guyanese need to come together. The corruption between those in politics on all sides needs to stop. Guyanese are a mixed people. Love yourselves and don't allow foreign multinationals to take over. Unity, unity, unity, wisdom, wisdom, wisdom, not theft, theft, theft or greed, greed, greed. Those in politics in Guyana stop lining your own pockets and taking from the people.
Great explanation 👍
Good video bro keep it up
Key .. we must invest in our population
God Bless Guyana....
I am guyanese, thanks for bringing this up
Finally see my country guyana being noticed😐
Short answer: no. Endemic corruption, heavy reliance on statism, petty politics and a lack of innovation in the private sector portend a boom and bust future.
mark abdulla what country you from?
Mate where are you from, this is top quality content
Thank you! London.
*SUBSCRIBED.*
Very interesting info
Oil: I can make a country rich
Corruption: Am i a joke to you?
Good work, keep it up! I just subscribed
Thank you so much! Means a lot.
Great video.... I really think u should call the president and give him sum advice
I love my country guyana 🇬🇾🇬🇾🇬🇾👍💓💓💓
I live in Guyana and trust me when I tell you this, this country could never become "the richest". Not even the top 10 or 20 richest simply because of our government and corruption.
They just don’t know how co-operate
10000% in agreement with you.
I watched a zoom funeral 5 weeks ago, OMG ...Guyana can't even maintain a Cemetery, 3 men on both side of the casket going into Le Repentir Cemetery Georgetown, they had to cross 3 small trench on a pieces of wood, 2 men fell and casket dropped, no respect for grieving family, what a disgrace.
hay outlaw,can you please give me the names of the corrupt Gov ministers, oviously you have the inside info which I dont have. If you dont come back with names,then you are bullshiting every body here
I will give it some time …Unless Mother Nature take her toll
No it will not, the politicians will enrich themselves, and leave the rest for the oil companies. If any politician stands up for the people, the economic hitmen will be activated. It’s just the way it is, poor countries that have oil remain poor while a few get rich.
Sad...but...true
Yea
sirus Biz so how come kewit ,saudi and duabi got rich,and they were just camel trading post? dont you love to sprout bull shit.
hay sirius, well how come Guyana is getting richer and the people are getting a better standard of living, ? how come saudi and kewit got rich and they were poor countries before and was it exxon who drilled there? or the russians drilled for free,and gave them all the money?
Awesome
Amazing
With the amount of thief’s in that country they’ll rob themselves and screw up their own opportunity if not let stupidity get the best of them.Sad to say but if you’ve been or even lived their you already know truth.
👏👏👏👏👏👏👏👏
Sadly that's My take too!😀✌
im from guyana and you spitting facts man
Wow all of a sudden people know Guyana 😄
Stupppessss 🤨
Sim, moro do Brasil, conheci Guiana, Suriname e Guiana Francesa com 18 anos de idade por causa de um amigo que conheci do caribe, penso como vocês vivem tão isolado da América do Sul ? 🤔
Cool!
good luke
Im from guyana
And watching this i be likeee 👁👄👁
Yayyyy!!
Listen man, my country may be small, but it's now starting off so except great things
My words exactly.
USA to Guyana's oil: Yes
Some of the wealthiest countries in the Caribbean/Basin region (in terms of per Capita income), have little to no natural resources. It is likely that extensive natural resources encourages corruption, and internal instability from political power issues. I hope for the sake of the people of Guyana that they will see improved infrastructural development, at least.
Edit: My apologies, I didn't watch the video before commenting. I now hear the reference to 'Dutch disease', and the need for infrastructural development, etc. for Guyana's improvement. Well thought out video, and praying for God's richest blessings on the Guyanese people, the blessings of peace, and love.
I just pray and hope the oil find doesn't destroy the beauty of this country and its humble citizens. It is a small country but has a lot of natural resources the world has not seen.
Big oil companies already have very good deals (for them) with Guyana government. They will probably bleed the country dry and then move on. The sad thing is Guyana does not need the oil for sustainable development. There are a lot of natural resources but for some reason it is still poor. It would be best to keep those oil companies away as far as possible.
hay charran, of course the oil will destroy the country thats why the the Peoples national currupt and regression party has a secret pact with the European oonion to stop oil production, Remember there is only polution in Guyana,not in Norway or Russia or the middle east.
@@antising8834I can see you are an enemy of Guyana, we in Guyana thank God for exxon
:o this is my country yes we will become the best country ever :D my mom told me yesterday the prince of Dubai visited guyana and they will do oil trading and Guyana will become the Dubai of South America I’m so excited :D
And you think that’s a good idea? You can’t be serious. That’s going to be hell for us Guyanese. We want to be Guyana and not the Dubai of South America.
@@originaldaughterofabyayala6678 yeah but Guyana will nice up like Dubai
@@delorz1982 That’s still not a good thing, we don’t know what really goes down in Dubai. From what I’ve researched, there’s young girls getting kidnapped from all over and they’re getting send to Dubai. Dubai is not a good example. Guyana when you look at it for its natural ressources is basically the garden of Eden, we have EVERYTHING there. Why would you want to change it? Do you really think these foreigners want to make Guyana "better"? We’re not in wonderland.
@@delorz1982 AND you can just go to Dubai 🤷🏾♀️
hmm that true
USA watching Guyana right now, they coming lol 🤣
Make more video's about guyana
Respect
Let Norway help to design a financial system for the benefit of Guyana's citizens. They have the the experience with oil and are an honest country.
So true. The situations are not comparable but the general idea of starting a state fund with the oil proceeds is a VERY good one. I had this in mind for Suriname too but as always give Suriname people the best ingredients for a 5 star meal and they turn it into poop.
yes Abellincoln, it all sounds good, but Guyana needs to develope infrasture first before we can put all the oil money
in to a fund.
bull shit to Norway,we can do it our selves and we have done it already
I AM A CITIZEN OF GUYANA ALL MENTIONED IN THIS ARTICLE IS CORRECT BUT WE ALSO NEED MORE
EDUCATIONAL PROGRAMS FOR THE
YOUTHS GERIATRIC CARE AND JOBS
THAT ACTUALLY CAN COVER OUR
LIVING EXPENSES THE VENEZUELAN GOVERNMENT SHOULD TAKE INTO
ACCOUNT HOW MANY OF THEM FLED
TO GUYANA AND WAS WELCOMED
HOPEFULLY THE UNITED NATIONS WILL
RECTIFY THE SITUATION
Thank you for not butchering the names of the places
Health! Education! Safety! Nutrition! Infrastructure! Communication! Much needed improvement! Financial security! Almost everything important! Best wishes🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Very interesting.
It sickens me that we’re recognized by the very same thing that we cannot fully inherited at least a 5% from .
Guyana have resources that need to maintain n manage accordingly, our people need to be part of helping in order to have a better future by the leadership.
THE US PEOPLE WATCHING THIS DONT MESS WITH GUYANA
And it's obvious you don't watch our news, for us Oil is just a bonus. It will not make the primary source of income. It will be built upon and run upon what we already have
Like 18th century sugar production? Lmao
that is my country proud guyanese
Me too
We always had oil now we found it
it is still possible to make a monetary reserve with oil resources, but for a short time, the ideal is to invest the oil money, the world is making great strides towards electric cars, wind energy, solar energy, here in Brazil these energy sources have grown pretty on the market ...
With these leaders lol
They are about to be in alot od debt. You guys saw pompeo went there to sign agreements for the us to do business with them?
Guyana should invite india for oil exploration, we have cultural ties and need oil as well , it can be a win win situation
Hopefully your country can give them a better deal than Exxon
@@trapmuzik6708 it should without taking advantage of guyana
Woooow Guyanese God has blessed the Guyanese give the heavenly father the glory
All Guyana need is transparency and the country will be booming.
It can but we needs honest leaders,leaders that are willing to put aside the differences and work for betterment of the nation,since its not just the oil but also we have many other resources that can propell our economy,and the current government have shown in the past how corrupt the can be,so both government and opposition needs to work together.
We have to stop depending on leaders tho, cause they are going to lead us in a burning hole.
Pls do a video on Venezuela