Guyana is a sparsely populated nation that never had economically viable amounts of oil.
That all changed with a significant discovery in 2015.
Al Jazeera’s John Hendren travelled to Guyana’s capital to interview the nation’s president, Irfaan Ali.
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#News #Guyana #Oil #Gas #SouthAmerica #America #Economy #sustainability #economic
I was happy for Guyana until I saw big oil companies were in on it. Another resource rich nation on the road to being sucked dry.
well you have a donkey brain, tell me which country did not have big oil company develope the oil resources? none and we are getting richer so chew on that and loose sleep.
@Kelly Don yes you talk sense, but some idots here cursing my country, exxon mobile is a a good company to work for and they are getting good wages,and most of all the oil money which the GOV started to withdraw in January 2022 for the first time has propelled Guyana to be the fastest GDP in the world because the have invested in agriculture and infrastructure and education.
@amazon warrior Same in Canada. I’m not happy about the high price of gas and heating oil in Canada right now but the Oil Industry has spread wealth across the nation through “Transfer Payments” Which are taxes paid by wealthy provinces to the Federal Government that are then transfer to the less wealthy. Migrant Canadian workers also bring wages back to their home provinces. The Liberal Government has treated the provinces, businesses and workers in the Oil & Gas Industry as some kind of outcasts or undesirables which must be shut down and driven away. Trudeau most go!
@Kelly Don I totalluy agree with you , you have the dictator Trudeau is a one world nasty who destroyed the Truckers, and forced people to vacanate by force yet because he is canadian, he is not considered a tyrant by the nasty Liberal press. And to think a lot of my country men are in Canada, and they think Canada is a democracy . But good news is coming he will soon be out of power,
@Kelly Don tf does this have to do with Trudeau
The Resource Curse
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Make sure the money is used for health, education, public housing and seed infrastructure like sewage system.
Too late
USA be like : let’s find a nonsense reason to invade this one
More like “they need freedom and we are the only ones that could help!!!”
@Mohammed Saud freedom from what?
Abang they are in Guyana and we could not be happier, we are getting rich,is your country getting poorer?
USA coming baby in 3..2..1..
America to Gana now: Hey, man, we are coming to establish democracy.
you do know we do go in for oil since we make the most out of any country we go for puppet nations like iraq and soon to be rump state of russia
It’s Guyana not gana.
They’ll be ballin’ in no time 😂
First of all restrict birth control ,make good education infrastructure
@Eye told the presidenal Honor Ifraan Ali”; sativa”; is just the cooper spore™[{when it’s jackets get wit industrial -aero space™01758^°st.lucia/holistic cannibis/Marijuna™Vatt/Annie EdsonTylor™Bel`mort™
Save the Amazon!
This is jeopardizing the planet!
This is Guyana Amazon Delta!!
This is destroying the Fauna & Flora and All the ecosystem!!
Best wishes Guyana — the new guy on the block !!
Masallah….all oil comes out from Muslim nation.this is the gift of God but people didn’t thanks to him.
That’s absurd, not all of oil comes from Muslim country. US, Norway and Rusia also have so much oil.
And Guyana is not even a Muslim country 😂
Guyana is not Muslim country
BS
Fake BARBARIAN democracy fundamentally & peacekeepers f or recolonized f cult f strike again
ZIONIST western/RUSSIA FRANCES/UK nato & India f imminent again.. via pathetic blackmail sanctioned blockade etc..
MOSSAD ISIS/IDF K PKK/YPG to Taliban & guaidio f or recolonized d again..
Endless REGIME’S change or DRONE ASSISSANTED too.. or endless lies cheat steal or butchered.. or endless DESTABILIZING instability obliterate . & DRUGS WARLORDS..
End blood OILS/GAS Energy/WATERS
LITHIUM BATTERIES
To semiconductor wars as usual.
MINERALS deposits GOLD ARTIFACT etc & CROPS WARS TOO..
RIP GADDAFI TO SADDAM’S HUSSEIN REGIME’S AGAIN ..
Fake weaponized of mass destruction or acme BOMBINGS BOMBINGS Marches on. Guyana again…
Quickly build the NUCLEAR bomb etc & backed GOLD too.. unity stability security PROGRESS thrives etc.
RIP GADDAFI to SADDAM’S HUSSEIN REGIME’S..
Guyanese are struggling so I don’t know what Ali talking about the rich get richer
ali is a jackass
Pathetic blackmail sanctioned blockade imminent.. ZIONIST western/RUSSIA & INDIA backed MOSSAD ISIS/IDF K PKK/YPG to Taliban proxy & ALCIADA led terrorism act to recolonized f… or going to lecture or barking about the so called amazingly human rights record’s & champion of BLAH BLAH CULT f as usual… & endless REGIME’S change or DRONE ASSISSANTED f.. anti CHINA AGENDA TOO.
It will end like in Nigeria – Company controls oil —> controls government —> controls army —> controls people
You are 100% correct. right now we are having poor governance.
@Ian Bynoe right now? The opposition in Guyana are the dumbest group in Caribbean politics
@OMS EmperorVan noone wisheing bad, jsut made a prediction that is a probability
@Ian Bynoe I hope I’m wrong and everybody benefits🙏🏽
I been saying long this country will become worse than nigeria
RIP Guyana: another’s SOMALIA to LIBYA’S all over again.
N/W AFRICA too or endless Ukraine.. RIP GADDAFI TO SADDAM’S HUSSEIN REGIME’S.
RIP Guyana endless lies cheat steal or butchered RAPES CULTURAISM to recolonized f immmeint. Oops boots already in the AFRICAN sovereign independence NATIONS as usual.. RIP GADDAFI TO SADDAM’S HUSSEIN REGIME’S.
Talk is cheap it is actions that will be how truthful this government is eg. Other African oil countries using the failed trickles down policies, pandering to the political / money elite or using profits from oil for personal gains & narrow short term planning for it’s nation people eg. infra-structure – health, education, affordable housing, climate change / natural disaster planning as uncle Bob M said ‘Time will Tell’!!!
Backed GOLD or sell it’s to CHINA simple.. kerching.. modernized all the infrastructures to free education to free healthcare etc
& huge water RESOURCES &, energy power plant’s too for eg GADDAFI REGIME’S ANYONE..
you forgot an important issue… those oil exloration are made on waters yer to be delimited with Venezuela, according to the Geneva Agreement of 1966…. so it´s illegal
@Tau ceti illegal is when britsh invaded esequibo in 1850.
@amazon warrior yeah yeah “starving”; that´s all you can say… Guyana is prefabricated country with no roots or history… made as a indian and african slave storage for the US….
@Mi Mapa de Venezuela incluye nuestro Esequibo ONG only the Africians were slaves the indians came to Guyana on contracts,like all the rest of the peoples except the first people, so where did you venezulians came from? were you rejects from europe? and Africian slaves,and you mix together? with the ameridians also?
@Mi Mapa de Venezuela incluye nuestro Esequibo ONG we have been in esscribo since the 1500s long before Venezuela was a nation, settled by the dutch. any way the people living there do not want to be venezulian,they are proud Guyanese.
@amazon warrior
While I applaud your defence of Guyana’s territorial integrity, I find your remarks regarding Africans and to some extent Amerindians offensive. In quite a number of posts on other news outlets and even this one, you always depict Haiti in a totally disrespectful manner. Haiti’s dire circumstances are related to complex issues. France bankrupted Haiti and America invaded Haiti in the early twentieth century and looted their gold reserves. American interference is also a major factor behind the collapse of Venezuela and not merely governmental incompetence. The same America was responsible for supporting the initial spurious claims brought against the then British Administration by Venezuela that led to the 1899 awards. Guyana retained most of Essequibo but lost several thousand square miles of territory. America serves American interest and as long as Venezuela was a pliable client state they were allowed to prosper. What sanctions did America place on Venezuela when they occupied Ankoko Island or when they financed and organised the rebellion in the Rupununi?
Yes, we are ‘rolling’ in oil now, of the highest quality in the world and suddenly we have a plethora of friends. The old adage “beware of fair-weather friends” is a warning Guyanese must never forget.
I hope Guayanas institutions and the judiciary are strong enough to get rid of corruption, having oil and minerals means nothing if its only going to benefit a few and no investment for infrastructure happens
please tell me who is corrupt in the Gov or the judiciary ,I am intregued to know?
it’s very weak hopefully would strengthen quickly
Corruption worse now tbh
@JayR so you have the evidence, so can you tell me who is corrupt in the Government? If you make an accusation you must back it up
@amazon warrior ok I make no accusation, u win the game
The Guyanese government pretend to care but have done everything to keep the people of Guyana vulnerable and misinformed. Why they have no problems forcing people from their home so they can participate in land grab and sell out to wealthy foreigners at the expense of constitutional rights.
They want us to hate and replace ourselves with something other.
Why they invoke resentment against the kingdom that berthed us
*Guyana🇬🇾 have border disputes with Venezuela & Suriname.*
so what? the failed and starving state of venezuela is finished for ever, have all the oil and is still poor.not even Haiti is starving.
No they have been trying to get on the act for years. Venezuela has/ had their shred of oil and decided to do what they did.
When YT people are involved that means trouble will soon come. Why they keep inviting these evil YTs ok n their country is beyond me
hay big slime, I am Guyanese so I never heard of this expression YT so what does it mean?
Guyanese will need international help to rid them of the burden of the PPP and their criminal families
Soon you get terrorists in your country and USA needs to move in in the name of security and democracy 😉
Yall depict guyana 🇬🇾 like when we poor
We poor
@Xsauce That’s what they want you to keep believing; and thankful for the crumbs.
hay Akeem, you think they want to see Guyana progressing and not write lies about it ,you should know this by now. all foreign news media write lies about Guyana
This guy Lowe came to Guyana and drank from the PNC witches cauldron of negative soup, hence his regular spewing of doom and gloom despite all the glaring development taking place around him. Poor fella is blinded by poisonous soup.
🇬🇾 Once the PPP government runs Guyana the country will prosper
yes our country is stinking corrupted and racism is the highest level of the current government ExxonMobil is giving us 2% royalty it pays no tax in our country and the US help install this present government how can a country give away it’s all black for a Visa free travel to United Kingdom Empire was collapsing it’s on his knees Guyanese politicians at backwards to the International Community they’re being robbed
The value of the Guyana dollar is $200 to $1US … cost of beef $1,100 Guyana dollars for 1 pound ….. minimum wage is $700 USD a month …… afro Guyanese cannot get jobs even though completed University education …. International community need to take a walk around the country and into institutions and see for yourselves…it burns my heart….. pray I am not taken out because I posted facts here ….
The minimum wage is actually US $325 a month $65,000 gyd
@Andy22 Wow… I stand corrected and it is even lower for some others
I heard people from Guyana can now travel to UK without visa, I’m guessing since the oil discovery, are there loads of people leaving?
@MerZenary Don only the selected few that has access to the oil money can afford those tickets
@Selwyn Campbell Ohh, so its more of a power move? Not necessarily to benefit the general population but only the rich who’s like to have a say in Britain getting oil?…Smh, I hope things work out good for you all, I hope this means cheaper oil in the Caribbean for us all
God bless Guyana don’t forget the poor
Already forgotten
Use the right map next time
here the failed and starving state rears its head again, the GDP of Venezuela went down 6% and Guyana GDP went up 50+ %
@amazon warrior I ain’t talking about the western side (venezuela) of guyana lol…thats their problem I am talking about the other side they occupied
@Randy Martosoewito its has always been Guyanese since 1560 when the dutch settled it long before the spanish settled in venezuela.
@amazon warrior thanks for the history lesson 🤣 go read some more history
Looks like Guyana needs some US freedom
keep it
A gift is a precious stone in the eyes of the one who possesses it,
wherever he turns [with him], he succeeds.
Thanks for a global approach for reporting…
Mr.irfan ali your name is enough to blame usa that you are funding terrorism..talban,alqaida,isis,ect.
Ask the president what schools he attended?? 😂😂 ask him if he ever visited the Georgetown public hospital(GHPC) since taken office.? Ask him what happened to the billions of dollars his regime has poured in the sugar cooperation since taking office in 2020 that has not turned a profit?? Ask him what significant and substantial investments has he and his regime brought to Guyana since taking office?? Ask him about the massive corruption uncovered by vice news in the “Guyana for sale” episode?? Ask him about the death squad that was funded by his party members and drug lord affiliates?? Etc…
When will the taxes for small and medium businesses be lowered???? The oil money is not for the guyananes, only international big companies are taking advantage of it while guyaneses companies are being strangled with 40% corporation tax and people with 14% VAT, extremely high importation tax on vehicle. When Guyana people will enjoy the benefits of oil, WHEN????
In the eighties one US dollars was worth about thirty Guyana dollars now that same
US dollar is worth two hundred Guyana dollars because the country is heavily into debt, when you are getting less Guyanaese dollars for one US dollar you know things are improving
Local mafia and political elite will get rich
Dana name Aoretes only even king family – wit ecc so Algezra this news even no so pine no mach mistike cover
King side a d hop name so
No mattre
..Guyana..shut your oil wells..
well we would do it if you put if you jump off the empire state building, agreed?
the jackass of the pnc says there is inequality, was there any equality for the 5 years they ruled? this Gov has only started to take out the oil money jan 2022 and some people expect an instant good life,
What irks me is that APNU/AFC was in office and did nothing for poor people and every chance they get they wanna criticize the government
If you can’t even get Venezuelan oil by force you can attempt to get it diagonally and from British stolen territory.
Freedum’s coming 🤠🇺🇸
Corruption can destroy it in a minute look haiti
😆😆what a joke.
Suriname we can’t do 🇸🇷
They shouldn’t give oil exploration contracts to USA give them to deserving countries who’ll protect your country’s sovereignty
Praying that Mother Earth and mother Ghanga blessings overflows for Guyana so the less fortunate can be beneficial and let the stop of corruption..Be a great leader so others can follow in your footsteps .Every thing giving is by god and free .Be mindful ❤
The EU/US’ war on fossil fuels will seek to aggressively stifle Guyana’s access to its oil.
Thank God for China, India, Russia & BRICS.
Exxon is robbing Guyana & Guyana politicians is helping them to rob Guyana.
Exxon please change the 2% oil contract. Why is Exxon not paying no taxes in Guyana ?
they do pay taxes, but we get half of the profits, plus other payments, so we are getting very rich, so no need to be conserned.
Protect Guyana at all cost from these thieves. You know who they are. ✊🏾
BULLSHIT