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Guyana’s oil production is on track to surpass one million barrels per day by the end of 2026, while the country plans to develop its natural gas resources for electricity generation, industrial development and lower energy costs.
Minister of Natural Resources Vickram Bharrat told the Department of Public Information (DPI) on Wednesday that oil production is already exceeding 900,000 barrels per day.
He said the focus is increasingly shifting to monetising Guyana’s gas resources and expanding the economic benefits.
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