Tag Archives: South American nation of Guyana

Who will be the world’s largest oil producing country – per person – in the 2020s? – commentary

Exxon-Mobil- Exploration Rig

………..  that honour will belong to the South American nation of Guyana

Kuwait perhaps, with three million barrels per day and a population just over four million? Saudi Arabia or, looking further afield, Brunei or Norway? No, that honour will belong to the South American nation of Guyana, which could well be sharing output of 700,000 barrels per day among just 770,000 people.

Although adjacent to Venezuela, Guyana has been better known for sugarcane, and cricketers such as Clive Lloyd, Lance Gibbs and Shivnarine Chanderpaul, than oil. But after first striking oil at Liza in 2015, ExxonMobil and partners Hess and China National Offshore Oil Corporation have made nine major discoveries in deep offshore waters, with production due to start in 2020.      Continue reading

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