Guyana petroleum sector will help lead country into greater decarbonization: VP

摘要

Guyana’s petroleum development is just getting started, but it will help steer its population toward greater prosperity, which will allow other industries to flourish – including renewable and alternative energies which are expected to overtake fossil fuels in the future, the country’s vice president said Aug. 17. Moreover, the small country’s nearly 800,000 people have a “legitimate expectation” of prosperity that will inevitably result from the more than 9 billion boe of discovered offshore oil and gas resources will bring, Bharrat Jagdeo, vice president of the South American republic, said in webcast remarks in a presentation to the Offshore Technology Conference in Houston.