Guyana Prioritizes Production Growth Over OPEC Membership ...Middle East

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Guyana Prioritizes Production Growth Over OPEC Membership
source : OILPRICE ( Middle East ) () 39
Guyana, home to one of the most prolific and promising oil discoveries in recent years, is not interested in joining OPEC.    The small South American nation of 800,000 residents bordering OPEC founding member Venezuela wants to pump as much crude oil as soon as possible, to take advantage of the still growing global oil demand this decade and boost its economy and build infrastructure thanks to the huge oil revenues.    So it is not surprising that Guyana doesn’t want to be officially a part of OPEC, where it…

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