Suriname awaits new president, new oil policy

Must Read

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

Suriname’s president Desi Bouterse has conceded defeat in the emerging oil producer’s 25 May parliamentary elections, two days after the country’s electoral council declared the official results, Argus Media said in a report on Monday.

This clears the way for the installation of a new government likely to be led by former justice minister Chandrikapersad Santokhi of the main opposition Progressive Reform Party (VHP).

In its policy statement, the VHP pledges a “reconstruction” of the country’s natural resources, without providing further details.

State-owned Staatsolie is seeking to emulate neighboring Guyana, where ExxonMobil’s offshore discoveries will make the country a significant producer in five years.

Read the full report HERE

- ADVERTISEMENT -
spot_img

Partnered Events

Latest News

As Errea Wittu FPSO takes shape, MODEC deepens roots in Guyana with permanent office 

Merely days after the Errea Wittu FPSO arrived in Singapore for the next stage of construction, builder MODEC marked...

More Articles Like This