Pres Ali outlines strategy to expand oil benefits, advance biodiversity agenda

President Dr Mohamed Irfaan Ali has reaffirmed Guyana’s commitment to maximising the benefits of its petroleum resources, expanding investment opportunities for citizens and safeguarding national sovereignty through strategic international partnerships.

The head of state addressed these priorities on Wednesday during an interview that also examined the border controversy with Venezuela, biodiversity conservation, and reparative justice ahead of His Majesty King Charles III’s anticipated visit.

On the petroleum sector, President Ali said the government is focused on securing greater value from the existing Production Sharing Agreement with ExxonMobil, while respecting contractual obligations.