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originally posted by: rigel4
you win / we are not worth #
I'm surprised no one is talking about this. I've been trying to push this story, but everyone is more infatuated with the Ireland riots or the Israel-Hamas war...
These latest developments indicate that Guyana’s oil boom will see the country become a major oil producer in Latin America, that will one day rival nearby Brazil, the region’s leading petroleum producer. To ensure that the former British colony’s oil industry keeps growing at an impressive pace Georgetown is focused on building out the required infrastructure to support the petroleum industry. Construction of Guyana’s first deep water port on the country’s eastern coast on the Berbice River was started by CGX back in 2021 with the multi-million-dollar facility, which has already cost the company $21.8 million, to be complete by 2023. On commencing operations, the port will be a key component of the infrastructure underpinning Guyana’s burgeoning oil boom, while supporting the two existing oil and gas ports, because it will the country’s only deep-water facility. In October 2022 Georgetown announced the tender process for Guyana’s first oil refinery. Guyana’s government is seeking proposals to finance, design and build a 30,000-barrel-per-day facility on state land near the Berbice River, which will further bolster the importance of CGX’s port.
originally posted by: Irishhaf
ETA: I honestly think we are the last one china has to worry about they have pissed off everyone around them, and if china tries to eat the porcupine they may get corn holed by someone next door.
originally posted by: MiddleKingdomer
It's pretty wild Venezuela has 35 times the population of Guyana. By comparison, Russia has 4 times the population of Ukraine. This is too much man power disparity. Not to mention Guyana basically has no military while Venezuela is the most heavily armed South American country equipped with Su-30 fighter jets.
originally posted by: MiddleKingdomer
a reply to: quintessentone
Doubt. If there is a war. This will be like the most 1 sided war in the history of humankind, like, ever.
On October 18, 2023, the Treasury Department
• issued a six-month general license temporarily authorizing transactions involving the oil and gas sector in Venezuela;
• issued another general license authorizing transactions with Minerven, in part to reduce illicit gold trading; and
• amended licenses to remove bans on the secondary trading of certain Venezuelan bonds and PdVSA debt and equity.
Should the Maduro government not comply with the terms of the election agreement, the State Department said that
the United States will “reverse steps we have taken.”