Guyana, Suriname oil resources complemented by valuable natural gas finds

Globally, authoritative oil and gas media intelligence continues to play up the increasingly important role that Guyana and Suriname can play in supplying Liquid Natural Gas (LNG) to the international community at a time when environmental concerns linked to climate change continue to realize an increasingly global vocal preference for gas from coal, which, if effected, is believed to likely reduce greenhouse gas by as much as half. A November 4 Reuters energy report cites what it says is the combined ability of Guyana and Suriname to supply 12 million tonnes of LNG annually at “competitive prices”. According to Reuters, the globally authoritative energy source, Wood McKenzie, positions the two CARICOM member countries to assume influential spaces in the global energy supply pecking order.