Suriname oil prospects finally aiming to ‘come good’

Two contiguous South American neighbours with eye-catching petro power potential may well be an emerging reality for the international community to contemplate as news emerges of what, reportedly, has been a recent major development in Suriname’s unceasing effort to transform its known significant oil reserves into a tool with which to transform the fortunes of the country’s economies. Since 2015, Guyana has put some distance between itself and its neighbour in terms of benefitting from its returns from its successive oil finds and while it was known that Suriname was waiting to ‘exhale’ as one of the region’s ‘oil economies’ no timeframe was put to the full-fledged emergence of South America’s next oil power.