Episode
Ring-Fencing Oil Projects for Guyana | Guyana News
- Published
- Sep 2, 2026
- Duration seconds
- 113
- Processing state
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- https://sources.thednn.ai/6e3af1df8a090c99
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Summary
Opposition Leader Azruddin Mohamed is demanding future oil projects in Guyana’s Stabroek Block be ring-fenced—meaning each project funds itself—to lock in a bigger, fairer profit share for the country. With ExxonMobil now having recouped its $55 billion investment, Guyana’s cut has surged from 12.5% to nearly 40%. But with two more developments planned, critics warn without new terms, Guyana could lose ground again. They’re pushing for independent advice and project-specific deals with stronger cost controls. President Irfaan Ali agrees, saying the government will seek expert input to secure better revenue terms as the sector enters its next phase. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/6e3af1df8a090c99