Jamaica Found Oil, Will It Become The Next Guyana?

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  • Опубликовано: 20 июн 2024
  • With Jamaica recent oil discover that is said to be potentially worth up to US $23 billion is the country on track to become the next Guyana?
    #islandblogs

Комментарии • 132

  • @user-kt3jz1rf2h
    @user-kt3jz1rf2h 4 дня назад +4

    C'mon Jamaica let's go,,I'm from guyana and wish you guys all the best, love you guys,,let's go.

  • @TheKingkingg
    @TheKingkingg 7 дней назад +9

    From 30 years ago i heard of oil in Jamaica but greedy companies don't want to pay fair price and want to treat us like dumb slaves rather than like partners as seen in middle east. Also, there's lots of greedy politicians and people in Jamaica who only see money and not environmental impact with short and long term effects. There is also gold and other minerals too, but again sold out to foreigners

    • @gsaarchitecturalmechanical5872
      @gsaarchitecturalmechanical5872 4 дня назад +1

      True

    • @keinobarrow83
      @keinobarrow83 3 дня назад

      That's is what happened in Guyana but the greedy PPP GOVERNMENT could not wait so they went ahead and got CON by the Whiteman the people in Guyana are still staving all those statistics are jus numbers that are more beneficial to exoil mobile company

  • @popsmrok
    @popsmrok 16 дней назад +8

    Oil discovery in Jamaica will open additional markets.

  • @Dwrankoheart
    @Dwrankoheart 9 дней назад +7

    They have been saying that oil found in Jamaica for years,but we are yet to see it

    • @phyllisthompson4207
      @phyllisthompson4207 Час назад

      @@Dwrankoheart you can go drill, if you want it to move faster. Oil does not make any country rich, if it is not distributed to the people. Lot of feasability studies has to be done.

    • @Dwrankoheart
      @Dwrankoheart 58 минут назад

      @@phyllisthompson4207 Agree the best example is Venezuela & Nigeria.

  • @earlphillips7847
    @earlphillips7847 12 дней назад +9

    Oil in Jamaica the few become richer! And the many poorer

    • @Dwrankoheart
      @Dwrankoheart 56 минут назад

      @@earlphillips7847 can we imagine a Holness as prime minister when they start extraction, Predict Holness will Auction off everything and Jamaican people get Nothing, I hope the fling him out of Jamaica House in the next election

  • @Dwrankoheart
    @Dwrankoheart 53 минуты назад +1

    Most people believe that the Bauxite companies was extracting more than just Bauxite frim Jamaica,a Bauxite plant in Maggity name revere close down in the 70s and there reports that they were trying to extract Gold in a certain parts of maggoty but Afrter they discover that the Good is too deep under ground and they cannot mine it that when they close down revere.

  • @phyllisthompson4207
    @phyllisthompson4207 13 дней назад +18

    Why do you think Jamaica would not see that growth? Jamaica is way more developed than Guyana!Guyana is just beginning to develop, since their oil discovery.., What Guyana is now spending on development, and infrastructure, Jamaica, has already established… GDP reads different for different countries, so you have to understand logistics! Oil discovery in Jamaica would just help to push Jamaica forward to another level. Guyana is now playing catch- up, but I am so happy for the Guyanese people!!

    • @Islandblogs
      @Islandblogs  13 дней назад +1

      Its like you said Jamaica is way more developed so a lot more would have to happen to really move the needle. Now I still believe the growth would be very impressive, at best I see low double digits and at worst high single digits but regardless its something that would definitely move the country forward.

    • @westkingston3135
      @westkingston3135 10 дней назад +2

      ​@@IslandblogsJAMAICA IS WAAAY DEVELOPE THAN GUYANA

    • @jennalud4748
      @jennalud4748 7 дней назад

      Right!🇯🇲

    • @MrAmhara
      @MrAmhara День назад

      Guyana is far richer than Jamaica. In fact Jamaica is like Haiti.

    • @westkingston3135
      @westkingston3135 День назад

      @@MrAmhara 😂😂😂 POOR you.Wouldnt even debate that

  • @annlewis7685
    @annlewis7685 16 часов назад +1

    These country should also look at what has happened to Niger, when Western cooperation intervene, and What has happened to the region and local people.
    Also, remember the situation with Venezuela when Cheves was alive with American corporations which he asked them to leave. Exxon oil spillage in Mexico and the damaged done to the wetlands.
    Any oil spillage in the region's how it would affect the tourists industries in neighbouring islanders, costs of clean up those country and not the oil companies.
    It's would be good for Jamacia but there above should be considered in any contrscts.

  • @oraingt5500
    @oraingt5500 9 дней назад +4

    If oil is here it's gonna be given away same like how the bauxite is being given away

  • @ErrolMiller-ey3lb
    @ErrolMiller-ey3lb 11 дней назад +2

    THANKS FOR SHARING

  • @alphansoworth9775
    @alphansoworth9775 11 дней назад +17

    The jamaican economy is already in a stronger position than guyana economy the geographic location of jamaica is more valuable than oil in guyana and Trinidad combined oil runs out but jamaica geographic location doesn't change until god do so again and i also just watched the United oil and gas presentation in London on the Walton morant basins in jamaica and they said it is similar to the starbroke basins in guyana with a mean recoverable of 7 billion barrels of oil with many more prospects to be evaluate so this figure can easily double or more i have bin following this project for over 5 years and this is the most advanced the project has been to really start drilling United hired world renowned Iman Hill to run the project she has over 30 years under her belt in the oil and gas industry she was the president for the international oil and gas industry and was the president for major oil companies like BP she worked all over the world in the middle east, Africa and in South America she gets stuff done and she if jamaica doesn't have more than 7 billion barrels of oil she'll eat her hat she's very excited about the Walton morant basins in jamaica...go and watch the presentation in London a couple weeks ago

    • @ChristopherJohnson-by4dp
      @ChristopherJohnson-by4dp 11 дней назад

      Interesting i always try to keep updated on whatsapp going on with this issue

    • @marklonbarrett3266
      @marklonbarrett3266 10 дней назад +1

      How is Jamaican economy in any strong economic situation with the country tied to the IMF and the world Bank and they country owned by foreign interest?

    • @alphansoworth9775
      @alphansoworth9775 10 дней назад

      @marklonbarrett3266 go do your research before commenting on unfounded assumptions. Jamaica and the rest of the world get aid from the world Bank and IMF its up to that country government to make prudent decisions with that aid and this present government is doing just that..listen no country on the planet with a thriving economy gets to the top with investors both locally and a broad..one of the problems we have in jamaica is cynical and small thinking individuals like yourself if no progress is happening in the country you guys complain and if progress is happening you guys still complain

    • @gfs45
      @gfs45 9 дней назад +2

      @@marklonbarrett3266what are you talking about? What you have said is not true. Do some research and come back to the chat.

    • @jennalud4748
      @jennalud4748 7 дней назад +2

      ​@@marklonbarrett3266Not any more, we have been cleared...Jamaica is on it's way back up!🇯🇲🔥

  • @Ikunalikl
    @Ikunalikl 14 дней назад +4

    Looks like Jamaica need some FREEDOM!!! RAHHHHH🦅🦅🦅

  • @martinhicks3314
    @martinhicks3314 9 дней назад +3

    Guyanese do benefit but not to the maximum as yet it's a work in progress

  • @eveathfoster6598
    @eveathfoster6598 15 дней назад +6

    That would be a good thing because we imported a lot of oil for our day to day use once oil go up everything go up too so that would be a good help for Jamaicans

    • @john-hk5pu
      @john-hk5pu 9 дней назад

      Oil straight out of the ground is of no use to Jamaica but selling it. It needs to be refined and for that u need an oil refinery. If an oil refinery is not feasible then the only thing u can do is sell it to refiners like Guyana is doing.

    • @alphansoworth9775
      @alphansoworth9775 5 дней назад

      @john-hk5pu I'll take your statement as a person fo another nationality because if you're a jamaican, you will know that jamaican has its own oil refinery for decades now named petrojam

    • @john-hk5pu
      @john-hk5pu 5 дней назад

      @@alphansoworth9775 I never woulda assume Jamaica got an oil refinery. U right I googled it

    • @john-hk5pu
      @john-hk5pu 5 дней назад

      ​@@alphansoworth9775I never woulda assume Jamaica got an oil refinery. U right I google it

    • @john-hk5pu
      @john-hk5pu 5 дней назад

      ​@@alphansoworth9775I never woulda assume Jamaica got an oil refinery. U right I google it

  • @nottinghambouy
    @nottinghambouy 4 дня назад

    Being a member of the Common Wealth, Britain will be entitled to and get a percentage.

  • @user-qm2ks5cw3z
    @user-qm2ks5cw3z 3 дня назад

    If the oil discovery in Jamaica is in economic quantities then good for them. Barbados is the only country without oil which means Motley will now have to stop being critical of & attacking the Jamaican Prime Minister & the country as w whole.

  • @brownieboy9336
    @brownieboy9336 4 дня назад

    Management of the oil will have to be great. With the heights of corruption in Jamaica they have to be careful. Remember venuzelia has the world most reserves and are the poorest in the region of the Americas

  • @gameking4062
    @gameking4062 3 дня назад +1

    Even the Chinese knows about it

  • @maralena137123
    @maralena137123 День назад

    I made a mistake, jamaica import oil from Ecuador, not from Bolivia as I posted previously. My information os from Google search.

  • @teeree2128
    @teeree2128 8 дней назад +2

    Politicians will take ALL. Benefits for themselves..............the people probably. Will never know........

  • @marciarobinson8200
    @marciarobinson8200 18 часов назад

    They all eeady to go dig out the poor country no more Bauxite did enough give the country❤❤❤please preserve what is left of Jamdown

  • @waldagarnett3032
    @waldagarnett3032 2 дня назад

    The Jamaican economy would remain the SAME. Politicians get richer😂😂😂

  • @greglogan8880
    @greglogan8880 5 дней назад +1

    Coconut oil

  • @DWR.982
    @DWR.982 7 дней назад +1

    All countries that use the oil and gas sector as their main source of income will experience a decline in their economies after 2030 due to a surplus of oil, with more and more oil and gas producing countries.
    Guyana has already sold its oil in loans or financing for economic purposes before it is pumped out of the ground. What is not good is that they do nothing about their coast against natural disasters or sea levels, while their city is near the coast.

  • @yaaduwalker4116
    @yaaduwalker4116 6 дней назад +1

    21 billion dollars or barrels?

  • @MarkGreen-od8jm
    @MarkGreen-od8jm 11 дней назад +1

    ``Correction is & 80 Billion US dollars

  • @MrAmhara
    @MrAmhara День назад +1

    No. Guyana is a mainland South American country with Atlantic coastline. The commonality is British colonialism.

  • @Graceforhumanity
    @Graceforhumanity 3 дня назад

    I thought we found oil off shore and started drilling some time ago.

  • @PaulMiller-je8xq
    @PaulMiller-je8xq 4 дня назад

    What kind of improvement will it bring to Jamaica, will drive the dollars down and let our money equal to the us dollars.

    • @anniemc2968
      @anniemc2968 День назад

      You mean to say, drive the dollar up and no, your currency will more than likely have the same value. A lot of oil producing countries in the world have very very low currencies.

  • @user-ll1th1xc1k
    @user-ll1th1xc1k 4 дня назад

    Be careful do not spend more then you earn. Like. Others country.

  • @Jadeiy
    @Jadeiy 5 дней назад

    We need to align with the OPEC plus it's the only way we will get value for our oil

    • @anniemc2968
      @anniemc2968 День назад

      OPEC is an organization. You just CANNOT line up with them if you actually mean being in the organization. You have to produce a certain level. If your production is too small, you will NOT make it in there.

  • @adofoi30
    @adofoi30 5 дней назад

    Will Jamaican get any of it? Or will it be in drips and drabs from the oil conglomerates like Nigerian and Guyanese oil? We too sell out. Our politicians will have great GDP but it won’t go to the P (the people)

  • @dantronics1682
    @dantronics1682 3 дня назад

    Thats pedro bank, isnt it? there is natural gas in St Mary

  • @rasempress9724
    @rasempress9724 4 дня назад

    Ah sah…. Fueled by booming oil production and rising export profitability, Guyana's GDP grew an eye-popping 38% in 2023….. Jamaica’s Real gross domestic product (GDP) for fiscal year (FY) 2023/24 is estimated to have grown within the range of 1.5 to 2.5 per cent and, although moderating, the economy is expected to expand in the June 2024 quarter……Jamaica still naw seh nutten…y allow oil drilling while we already know what will b the result…still paying the price fi allow bauxite mining….feh….curious y u attempt this topic…

  • @mahlonkarpaiya252
    @mahlonkarpaiya252 4 дня назад

    we need a government befor we could benifit from oil and gold. You ither understand or not but a suh

  • @justtime2670
    @justtime2670 4 дня назад

    No oil in Jamaica

  • @gameking4062
    @gameking4062 3 дня назад

    Bro oil also in port morant st thomas and no one is saying anything about it

  • @Matlock901
    @Matlock901 9 дней назад +1

    you did not mention whare they find this potencial oil. you need to give more detail about what you talking about when you do a video

    • @gfs45
      @gfs45 9 дней назад +1

      Off shore the south coast. They have the 3D and 2d surveys which shows the oil beneath the ocean floor.

  • @WinstonStevens-jn1rp
    @WinstonStevens-jn1rp 6 дней назад

    Talk about, we still honor the king.And we have to have Visa to go to the United Kingdom, but they still want to be over Jamaica.The prime minister needs to raise this point and stop being appropriate

  • @user-bs4ny6yr4u
    @user-bs4ny6yr4u День назад

    Cat love cheese best stealing things .for rat is roasted Coco not

  • @sulner9997
    @sulner9997 12 дней назад +1

    it wont make any difference as the skill will be imported we cant or wont develop local skills for bauxite guyana needs more skilled people for their oil sector paying 80 to 100 thousand usd and we have no specialist to send, the caricom is a joke in justr integration education we would sit and let others make the big money so no it will not benefit the country

    • @tyeguy5373
      @tyeguy5373 11 дней назад +1

      @sulner9997 of course it will make some difference like more investment pouring into the country and better schools will be built..
      Jamaicans will not be handling the technical part of harvesting the oil because there’s no training for drilling for oil, i can imagine something like a school opening for that purposes..
      The small stuff will improve like better Electric grid, also a gentrified water front properties with more foreign investors settling down in Jamaica..
      Jamaicans will have more access a lot things that was not available on the island including new Advance in medicine..

    • @dantronics1682
      @dantronics1682 3 дня назад

      @@tyeguy5373 Agreed, gentrified water front properties that the locals cant afford lands been bought up cheap and locals get pushed out, Nigeria have oil but look what happened to the villages, water supplys get contaminated, people pushed off the land women forced into street workers, the only way the locals get any benefit is to tap the pipeline and set up their own distilleries in the bushes

  • @Slimp536
    @Slimp536 7 дней назад +1

    The goal is build a economy that is diverse, oil, tourism banking and etc. I think Jamaica is in a much better position than any other Caribbean country to achieve this.

  • @sharonmclean6197
    @sharonmclean6197 День назад

    Dont mix Jamaican with Guyana please dont

  • @LSingh-hu6ml
    @LSingh-hu6ml 13 дней назад

    This is an old oil story from in the 70s. So what is new about this so called discovery.

    • @tyeguy5373
      @tyeguy5373 11 дней назад

      @LSong-hu6ml
      I grew up in Jamaica in the 1970s boxsite was much easier for them to harvest..
      Prminister Bustamante practically gave most of it away in return for new road way and the building of hospital and clinic and Vear technical high school was built by one the boxsite company.
      Today Technology is more advanced to reach that Oil which they might have seen but probably didn’t worth the investment back then and oil was also cheaper than today..

    • @LSingh-hu6ml
      @LSingh-hu6ml 11 дней назад

      @tyeguy5373 Vere Technical was built long before the Bauxite Company started Construction in Hayes. Even expansion started before Alcoa plant started production as the school had numerous ways of earning money.
      Maybe during production at a much later date in 1990s they probably helped.
      Yes, Bauxite was king in the 1970s onwards. A lot of mining was going on in st Elizabeth, Manchester and Clarendon. But the oil findings then was nothing much.

    • @gfs45
      @gfs45 9 дней назад

      What’s new is they have in hand modern 2d and 3D surveys which show the oil beneath the ocean floor. These are like ultrasounds so to speak of the ocean floor.

    • @tyeguy5373
      @tyeguy5373 9 дней назад +1

      @@gfs45
      Ground penetrating radar (GPR) is a geophysical locating method that uses radio waves to capture images below the surface of the ground
      This is new Technology they use on the ocean floor

    • @gfs45
      @gfs45 8 дней назад

      @@tyeguy5373 Thanks for the clarity. I was trying to use accessible language to explain. As a non expert I imagine it as an ultrasound of the sea floor. This allows me to follow what is being said.

  • @winniemeade8037
    @winniemeade8037 9 дней назад

    No wonder andrew want ti stay in power but no way

  • @miltonmiles1733
    @miltonmiles1733 3 дня назад

    OH they still have this garbage posted here....even Haiti would be a better choice in a joke comment like that..oil or not its still Jim Jones Guyana..

  • @maralena137123
    @maralena137123 11 дней назад

    I would love for Jamaica to find oil. However, this news now, at election time, seems to be an election campaign. The same argument was in the air when the PNP was in power and was about to call an election I cannot take it seriously. The company who is exploring for oil say they have positively identified over 200 million barrels of recoverable oil. They also say that the potential oil in that area is 2.4 billion barrels. More than 6 times Trinidad oil reserve. Also more than Bolivia who we import from.
    The company needs US$35M to start drilling. If the prospects were that good, how come the major oil companies don't take up the offer to drill? Or even better why not raise that money on the Jamaica financial market or why don't the Jamaican Government invest in this venture. I am sure that they have wasted much more than that. Cornwall regional hospital is a case in point of wasted funds.

    • @tannycurry211
      @tannycurry211 9 дней назад

      You sound like Marky British😮

    • @maralena137123
      @maralena137123 9 дней назад

      ​@@tannycurry211i first heard of this jamaican oil when Phillip Paulwell was the minister incharge of energy. After all these years, we should now be discussing how to distribute this oil wealth.😂

    • @dantronics1682
      @dantronics1682 3 дня назад

      the govt cant invest in it because the govt have no money, for sea drilling you need experts which takes big capitals to raise these capitals the backers have to be certain they will make 100fold their investments, why would Ja import oil from Bolivia which is a landlock country on the other side of South America? if thats the case no wonder fuel is so expensive. I thought Bolivia export lithium salt and not oil

  • @dreiimizhari8858
    @dreiimizhari8858 10 дней назад

    Guyana's oil does not benefits its ppl .. it does not put the Guyanese in a better position .. do not get it twisted . It's the international companies doing the drilling who sees the wealth from the oil

    • @john-hk5pu
      @john-hk5pu 9 дней назад

      That is not true. A Lot has changed and is changing in Guyana since it became an oil producer. Most people who comment like this are just plain ignorant.

    • @dantronics1682
      @dantronics1682 3 дня назад

      @@john-hk5pu ok since we are ignorant give us just 5 examples not counting the solar projects

    • @john-hk5pu
      @john-hk5pu 3 дня назад

      @@dantronics1682 New Demerara bridge, Highways, 6 new hospitals, Gas to energy plant, free university, all these are still under construction or in the early stages/phases. Everything that's happening in Guyana is thanks to oil and gas

    • @dantronics1682
      @dantronics1682 3 дня назад

      @@john-hk5pu Nice one, I hear about solar power for remote villages but not much else

    • @john-hk5pu
      @john-hk5pu 3 дня назад

      @@dantronics1682 the solar farm is small scale only to give a few Amerindian communities electricity. May I ask are you Guyanese?

  • @miltonmiles1733
    @miltonmiles1733 5 дней назад

    Will somebody please remove that heading of Jamaica the beautiful becoming Guyana..lol..lol..funny as hell remove it..all you got to think of is Jim Jones and Guyana,no recovery from that now or future..id rather become Hiti,at least the Haitians had some real positive history..i know its fools joking around,but please remove that garbage..

  • @keinobarrow83
    @keinobarrow83 3 дня назад

    Guyana is very rich without the discovery of oil remember that development got stalled when our black leather was assassinated LFS Burnham

    • @charlenestewartson5940
      @charlenestewartson5940 13 часов назад

      Guyana is not a wealthy country. Jamaica is wealthier than Guyana. Most Jamaicans don't know how blessed they are.

    • @keinobarrow83
      @keinobarrow83 12 часов назад

      @charlenestewartson5940 does jamaica hav large gold and diamonds deposits large varieties of timbers magnesium, bauxite, tin stop talking out of ur ass and get your facts correct

    • @charlenestewartson5940
      @charlenestewartson5940 11 часов назад

      @@keinobarrow83 Guyanese are suppose to be wealthy because of all the resources that they have but they are not . The quality of life in Guyana is worse than Jamaica. The same could be said too about Nigeria.
      Be nice when you talk to people or try to make your point. Your choice of words make you out to be a very ignorant person.

  • @clivegordon5842
    @clivegordon5842 6 дней назад

    Because of the corruption in Jamaica's government, especially the current one, Jamaica would be worse than Nigeria where their government runs parallel private oil business alongside the official Nigerian oil company. 30% living below the poverty level. I pray dem don't find any oil before the current crop of crooks leave.

    • @Grogu-485
      @Grogu-485 5 дней назад +1

      The current government is not as corrupt as in the pass you just born😂😂

  • @newlinx8074
    @newlinx8074 10 дней назад +1

    Jamaica was a part of Venezuela during the Spanish time😂😂😂😂…Maduro.

  • @seanwhyte1459
    @seanwhyte1459 День назад

    Jamaica has everything to be great, but our leaders makes all kinds of deals with some outsiders who tells them what to do, and that is why Jamaica cannot move ahead, and they are so arrogant to see that those people means Jamaica no good.

  • @richardgreen7418
    @richardgreen7418 9 дней назад +1

    Potential oil? Thought u said we had oil

  • @ArleneClarke-dn8hk
    @ArleneClarke-dn8hk 7 дней назад

    I had a dream back in 2019 that oil is in. St Elizabeth, Westmoreland and trelawny the whole western side of the island cover with tar.

    • @jennalud4748
      @jennalud4748 7 дней назад

      This is what I would say, Jamaica needs to have multiple revenues, we can't live in Tourism alone even though it brings in billions of US dollars a year and helps sustain life in Jamaica! Oil would be great if we have it, but Marijuana is Key and can bring in another couple of billions. We need to take advantage of the medicinal aspect of it and export it in mass. Then we need to get our bauxite back, our coffee, and give back the snacks to Trinidad and Tobago! And finally, Jamaica needs to get their own plane, another AIR JAMAICA 🇯🇲 🙌 Finally we will be the RICHEST country in the Caribbean as we almost are anyway!

  • @mysteryofyah18
    @mysteryofyah18 День назад

    I Command The Jamaican People National Labour Party (JPNLP) Unity Government to Ask The JAMAICAN PEOPLE TO PAY for It and Emulate Our Ethiopians Brothers and Sisters who all United in Love For God and Country and paid For Their Grand Renaissance Damm in Ethiopia which is The Largest Damm in Ethiopia Africa Mountains Of Zion.

  • @owenferguson7893
    @owenferguson7893 13 дней назад +1

    But it depends on what you you call growth. I was assuming when they say growth in Guyana is high is because the government the country is earning lots more money each year .from oil 🛢

    • @phyllisthompson4207
      @phyllisthompson4207 13 дней назад

      Growth is an overall thing! Education, health, logistics, infrastructure, job creation…

  • @miltonmiles1733
    @miltonmiles1733 9 дней назад

    Such a sicko joke,i think i must have comment already..Guyana an eg for Jamaica to follow..so dam funny i cant stop laughing..