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

Guyana got US$225 million in oil sales revenue in February 

Guyana’s Natural Resource Fund (NRF) received deposits totaling US$225.75 million (G$47.07 billion) in February 2025. This amount represents payments...

More Articles Like This