Suriname’s Oil Boom Is Far From Guaranteed ...Middle East

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Suriname’s Oil Boom Is Far From Guaranteed
After a swathe of oil discoveries in offshore Suriname, primarily in Block 58, since the start of January 2020 there was considerable speculation that the former Dutch colony will be the next Guyana. Since the start of 2022, a series of challenging obstacles emerged which are threatening Suriname’s nascent oil boom and its potential to become a leading petroleum producing nation in South America. Analysts originally envisaged that first oil would occur during 2025 and that Suriname will be pumping 650,000 barrels per day a mere five years…

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