High production and prices will help ExxonMobil recover CAPEX quickly; Guyana revenue to spike

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

High oil production and price in the early years of the Liza Phase 1 development will help ExxonMobil recover its Capital Expenditure rapidly, after which Guyana can expect a spike in revenue from its share of oil.

So says Trinidad and Tobago’s former Minister of Energy and Energy Affairs, Kevin Ramnarine, during a recent interview with OilNOW in Georgetown.

 

- ADVERTISEMENT -
spot_img

Partnered Events

Latest News

Apple taps 100,000 Guyana rainforest credits to offset its 2024 emissions

Apple has purchased 100,000 carbon credits from Guyana’s national forest protection program to help offset its corporate and product...

More Articles Like This