Guyana’s president: Are new oil discoveries a curse? – Al Jazeera (video)

President Irfaan Ali discusses if green economies are unfair to Guyana’s oil explorations and development plans.

Al Jazeera

GEORGETOWN
EnergiesNet.com 01 05 2022

President Irfaan Ali discusses if green economies are unfair to Guyana’s oil explorations and development plans.

Guyana is a former British colony located between Brazil, Venezuela and Suriname.

The country is rich in biodiversity – as well as minerals. And in the last decade, some 11 billion barrels of oil have been found – which is the most significant discovery of its kind in recent years.

But as the world is moving towards greener economies, is it fair for countries like Guyana – struggling to overcome poverty and attract foreign investment – not to benefit from its newly-found riches?

Guyanese President Irfaan Ali talks to Al Jazeera.

Watch video: https://youtu.be/wHB3dpYlsC0

aljazeera.com 12 31 2022

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