In 2015, Exxon Mobil discovered in Guyana one of the largest oil and gas reserves in decades. It is slated to begin production in early 2020. While this bonanza promises countless opportunities for the tiny South American country, it remains to be seen whether Guyana has the infrastructure in place to manage the massive influx of new petroleum revenue. Will it follow the successful examples of Norway or Botswana and avoid the so-called “Resource Curse” – or fall victim to its own good fortune? David Goldwyn, world-renowned energy guru and Chairman of the Atlantic Council’s Global Energy Center’s Energy Advisory Board, explains how Guyana can establish guardrails to combat corruption and transform revenue streams into newfound prosperity for its citizens.
Produced by Simpler Media