Guyana’s development hinges on a crude oil opportunity

Rai, M. (8 June 2022) Guyana’s development hinges on a crude oil opportunity. LSE Business Review.
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Guyana, a small South American nation of less than 800,000 people, is set to become the next oil hotspot. Since 2015, more than ten billion barrels of oil and gas have been discovered and the country is expected to produce one million barrels per day by the end of the decade. Mandeep Rai argues that Guyana’s oil presents an opportunity to significantly enhance the country’s infrastructure, industry, agriculture, and education systems.

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