Guyana Begins Pivotal Election as Oil Boom Dominates Campaign ...Middle East

Economy by : (OILPRICE) -
Guyana is holding general elections today that will determine who governs one of the world’s fastest-growing oil economies as ExxonMobil, Hess, and China’s CNOOC continue rapid development of the Stabroek block, which has transformed Guyana into a top emerging offshore producer. The election pits the ruling People’s Progressive Party (PPP) against the opposition coalition, A Partnership for National Unity (APNU), with both parties pledging to maintain oil investment, but differing over revenue management and transparency. Policy…

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