Guyana's Game Changing Oil Discovery
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- Опубліковано 2 жов 2024
- Could this country Become the Richest in the World?
Guyana has struck oil. This small South American state, situated to the North of Brazil and the East of Venezuela has a bright future providing it can manage its coming explosive development properly. The extent of the oil discovery within the two hundred nautical miles exclusive economic zone off of the coast of Guyana will undoubtedly transform the country, with the estimated oil find dwarfing the state’s current $7 billion GDP.
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By GeoVane, formerly AR Global Security and Base Rate (Global Guessing, and Crowd Money).
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Oil exploration in Guyana began in the 1940s, however, things ramped up off the state’s coast in 2008 when oil companies such as ExxonMobil, Century Guyana and CGX began to undertake widespread oil exploration. In 2000, a US geological survey estimated the region had recoverable reserves of more than 13.6 billion barrels of oil and 32 trillion cubic feet of gas - the second highest resource potential among unexplored oil basins in the world.
The areas thought to contain oil within Guyana’s exclusive economic zone have been divided into blocks, as is standard in maritime oil drilling. In May 2015 Exxon Mobil announced that it had discovered oil-bearing sandstone reservoirs which could produce 700 million barrels of oil, with a total market value of 40 billion dollars within the Stabroek oil block situated 200 kilometres off of the Guyanese coastline. In the following three years, Exxon went on to discover a further four billion barrels of oil equivalent in the Stabroek Block, which has since been doubled to eight billion in 2020.
In the wake of the findings in 2015, in 2016 the Guyanese government signed a deal with ExxonMobil worth three hundred and twenty-five billion us dollars for a drilling license within Stabroek, giving it access to the now eight billion barrels of oil equivalent - the deal of a lifetime for Guyana, perhaps?
Well, this is not entirely the case.
International watchdog Global Witness has pointed out that ExxonMobil may have pressured the Guyanese government into a rushed deal which would deprive the country of 55 billion dollars. According to Global Witness, Guyanese authorities did not negotiate strongly with ExxonMobil which has a profit stake of 48%, while the Guyanese government has a profit stake of 50% and a royalty stake of 2%. This would be abnormally low when compared with other similar cases, where states normally receive sixty-five to eighty-five per cent of profits, meaning Guyana would receive one hundred and sixty-eight billion dollars instead of a potential two hundred and twenty-three billion dollars which would be considered fair in the view of Global Witness.
The issue of the oil deal has permeated Guyanese politics. A snap general election was held in March 2020, after a vote of no confidence in David Granger’s PNC government in 2018. The deal with ExxonMobil and terms it was agreed upon were at the heart of the election, with many in the press calling this latest election the most important since the state’s independence since 1966. In a controversial election, where it was initially thought that the PNC government which had signed that 2016 deal with Exxon had won, the People’s Progressive Party led by Ifraan Ali ultimately came out on top. The PPP victory earlier this year will most certainly have implications for oil deals, with the Ali led government expected to take a tougher negotiating position on behalf of Guyana.
Nonetheless, the size and extent of the oil fields found off the coast of Guyana are expected to be larger than those of Norway and Oman, and the potential yield per day could be seven hundred and fifty thousand barrels by 2025. Even with its current 52 per cent stake, the revenue generated from the oil found off of the state's coast will be life-changing for the Guyanese people. In late 2019, according to offshoretechnology.com Exxon has discovered yet more oil through its exploratory drilling, and the company is in the beginning stages of production. Additionally, exploration by other companies in blocks further offshore than Stabroek are beginning to look promising, upping the amount of cash Guyana can expect to receive.
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I am a born Guyanese and now a resident of Trinidad and Tobago...I am so proud to hear this ...We had it very hard and suffer alot ..I am glad that my Country got the opportunity to rise up and shine..May the Lord bless Guyana and its people now and forever...
You should go back and get your share. I heard the government is giving out subsidies. I left Guyana 30 years ago, but don't plan on going back.
Trinidad was kind to Guyana in their time of need and many Guyanese lived in TnT. Now Guyanese bad talking Trinidad.
Politicians on both sides will have to stop filling their pockets and deal with the future of Guyana and it's people.
Ha good luck
I need to see your evidence,talk is cheap
You don’t believe ?😂😂
Wow my country is know
hay Ian, what you mean? listen dont bad talk us politicians ok,
All the best to Guyana 🇬🇾 & its people from Trinidad 🇹🇹
If Guyana doesn't receive an enormous amount of money from this they should invest the little they get into different sectors of the economy and stimulate manufacturing companies that create valuable exporting goods,technology companies and companies that export products like Gold and Others.
Thank you. Be safe.
I proud trini gay
Thank you.....same from me to Trinidad and Tobago!
We have been tested with poverty, now we are being tested with wealth, our leaders must show leadership and be leaders by bringing all it’s citizens along. We must always remember to be humble .
U nail it.....i can never forget the flour shortage and other food stuff ...real poverty
Hello. I am curious to know if the new economic resources are already being applied to infrastructure in Guyana. I tried to find something on the internet but I didn't find.
@@ivessandiego1545 I have not been following the news much in Guyana, but from the little know yes.
Here is my email goldenrule786@gmail.com, if you need other information.
@@ivessandiego1545 yes Digo they certainly are, but now it more in AGRICULTURE, as we dont want to have buildings like Venezuela, and starve, that's no Good.
Very nicely said. We have to continue to be peaceful and humble but at the same time protect the borders from Venezuela, there's seems to be something bad brewing there
I am Guyanese. We can't become the wealthiest country if exxon mobile is taking such a big percentage of the oil profit.
True, but if Exxon cannot make a profit they would not invest in your country. They will not do it for free.
I live in the us I did a college assignment on this Exxon Mobil is cancer for Guyana it’s okay though I’m working on my degree over here in hopes of coming back to Guyana to make a change don’t worry out country will be better
Exactly
Hypothetical question and in no way am I suggesting you should give in to the hypothetical so please don't be offended but what do you think would happen in Guyana became a territory of the USA? Would it be good or bad?
@Kaiju Thank you for your input. I greatly appreciate it!
I love how when we hit oil we on youtube now lol 🤣
Well what else you had to offer before besides "chicken curry" 😂... Kidding!
@@nickovdub6131 Hetmyer 😂😂😂
@@nickovdub6131 🤣🤣🤣🤣🤣🤣
hay 592, where were you all these years? you just wake up? Guyana has been on you tube since it started
@@amazonwarrior7126 I'm talking about Guyana naturally in my feed. I didn't have to search it or look at anything Guyana related for it to show up. And it was about oil. I had already known about it. But it's the first it was there without me looking. That's why I was surprised.
This country was never even heard of,now that theres oil everyone knows lol
(Edit):thanks for the likes
True
Nah, everybody knows about brother Jimmy.
It's just like when u don't have money no one knows you.
Ukr
🇬🇾
4 real .....
My parents and many relatives are from Guyana. I pray the country and the citizens benefit the most from this new found wealth. 🙏🏽
I from Guyana u parents
Well only a corruption fee government can save GT now...
🇬🇾🇬🇾🇬🇾
They're too corrupt just like the other Caribbean countries. It's the people who gotta take charge. Gov never gives anything for free without some dutty intent behind it
Mutual & remain with its morals!
I hope the Guyana government keeps there head up and don’t make another country out smart them
Too late the US government and oil company already out smart your Corrupt government
@@hughjah6469 Lol
For reeel.
When the money gonna have value?
When poor people will stop suffering?
When will the politicians live in unity?..And bring unity to the people.
Be blessed and stay blessed Guyana.
Love the words men . Facts you talking
When will poor people stop being ignorant and irresponsible?
@@MrAmhara exactly, poor people must take some responsibility for where they are.
This is unbiased journalism. Thanks
Thank you! That's the aim of this channel.
I pray that everything works out for Guyana.
Please see this documentary. How oil changed a country. Ghana oil find
Please check : how oil changed a country. Documentary on Ghana oil discovery
I live in Guyana and trust me when I tell you this, this country could never become "the richest". Not even the top 10 or 20 richest simply because of our government and corruption.
They just don’t know how co-operate
10000% in agreement with you.
I watched a zoom funeral 5 weeks ago, OMG ...Guyana can't even maintain a Cemetery, 3 men on both side of the casket going into Le Repentir Cemetery Georgetown, they had to cross 3 small trench on a pieces of wood, 2 men fell and casket dropped, no respect for grieving family, what a disgrace.
hay outlaw,can you please give me the names of the corrupt Gov ministers, oviously you have the inside info which I dont have. If you dont come back with names,then you are bullshiting every body here
I will give it some time …Unless Mother Nature take her toll
I'm so happy God smile on Guyana , to all guyanese people we all are blessed people.
We the citizens of Guyana have been allowing politicians to get away with far too many corrupted practices. We need to hold them accountable.
How 🤔
@Learning Spanish and this is very unfortunate, I see your point.
@@monstamos13 I'm Guyanese, and fluent in Spanish and Portuguese.
@@sheronforde4967 get rid of them.
@@changeiscoming5227 find cane grove
Hope our leaders would honest this time around
Don't expect anything big of a change.
There are no honor among thieves lol i agree with you to that but at the same time if the leaders try to boost their citizens in the right direction that leader will be labeled as a threat to the elites who benefit from the poor
@@dmvbay2535 é
Yeah, hopium. Addictive and deadly. You hope they'll be honest this time!!🤣😅🥒🍆🍑. That's like, " I hope Judas Iscariot doesn't take those 30 pieces of silver. " Oil is a curse in so many ways. Exxon has double exes in its name. It means they blatantly say their name is "double cross". Venezuela has had oil for decades. Have their people ever prospered from that oil? Farm and raise animals and thank Jesus for your food and clothing and keep away from that false hope especially what comes from a government.
😂
Wait that's my country
We never get recognized 🥺
hi Sara,why does Guyana need to be recognised?
@@amazonwarrior7126 WOOAHH CHILL 🅞︎🅤︎🅣︎ 🅑︎🅤︎🅓︎
@@ftmhades481 bruh its a question lol tf
@@amazonwarrior7126 she never said they did lol. But Guyana should get recognized because of its rich culture
@Simon U Just they worrying about nothing,
I wish Guyana and the people of Guyana Gods blessing.I just hope the new government play a fair game and look after the poor people.
Great info. Just hope some substantial progress is made sooner than later. I’m Guyanese born living in Canada now. I wish only the best for my birth Country. Blessings to all. 🙏😇🙏
I am from this country and I am so proud. Everyone never knows where I am from when I tell them and now everyone knows it now because of Exxon mobile oil rig.
I can see that Guyana will become th next Dubai.Everyday I am seeing rapid development in the country.may the good lord continue to bless President Ali and continue to give him the power and guidance to manage this beautiful and rich country -Guyana.(little Dubai) as I call it.Lots of love to the President and his lovely family and the Guyanese people.I will never stop loving my beautiful country Guyana.❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️Watching from New York.
thanks we in Guyana are little dubai, little America, little england, little Jamaica, little india, little Haiti. little congo, we are all countrys except Guyana. Just emigine if we run out of workers what can we do? we will bit our nails and scream
every one comments the small population, but some smart ass will say we should import workers. really? I think that a brilliant idea.
Most of that is Venezuela
@@Yngwie2024 no ! no!! no ! No Venezuelans because we do not want them to take over our beautiful country.
I love this video for talking about, “Dutch Disease”! The curse of oil wealth is that it drives up the value of the local currency and makes any other “not-oil” exports less competitive.
Without CORRUPTION GUYANA will be very RICH..🇯🇲🇯🇲🇯🇲
Thank you for this documentary on Guyana
I really want our country to succeed.
lowe, thanks for that, you won't believe how rare you are, cheering for Guyana, I believe Guyana should give you a medal, a lot of people got opinions, but ask them what can be done for Guyana and they dont know,
I don’t want our country to have its natural resources taken away. They’re going to take everything and left us, the Guyanese hanging.
Secede from what? Are you guys a part of some union?
I’m sorry I’m a retard.
Hopefully another English speaking country in the Americas can be successful.
USA to Guyana's oil: Yes
Sad that my country will possibly not gain the major profits from this
hay lord for a reason, we are already getting a load of money, or shall we nationalise every thing, is that your answer? tell me what you want for Guyana?
We better not let them take our shit for free idc
ExxonMobil/CIA always wins...🙈🤣😏
@@solid1378 you don't know nothing you are repeating left-wing rhetoric ,USA has changed since Trump, and yes he is going to rule 4 more years,Guyana is prospering already.
@@amazonwarrior7126 trump not going to be in office long like the ppp 🤣🤣🤣🤣
A United Guyana is a Guyana that cannot be exploited..internally and externally..
You just saying so because you not in power,but as soon as you get power you forget about the people that put you there
There are no united countries left anymore. We're all divided. Even if The Land of Many Waters was united, it only takes a couple of corrupt politicians to sell the resources. Just think of Guyana's gold, bauxite and forests.
Not educated about how these oil deals work.
Nope. Politicians will benefit from it an shit up everything else
@@shamodhanna2259 now if i was in the president seat i would never have to move unless thy creator move me reason being this country got more than enough wealth &resources for me not to live comfortably and each and every citizen living just the same comfortable and satisfied.
Most of the leaders for this country lack vision and the citizens need to get rid of their bribery culture that they embrace and love so much if they want to see a good Guyana.
Also all of the government ministries are too centralized we need to put big government offices in every region and let every region function on its own budget..
Granger had started to go in that direction but he's not a politician and this country divided so he's out.
And seeing that he's a elder Guyanese should've given him more support..
But here is where we are now we as a people just need to unite and demand more from whichever government is in office and support each other just causes and Guyana will be good.
United States: *Very interesting...*
Guyana is my country of birth. I wish they would stop broadcasting this shit.
@@carribgirl007 soon USA will invade one way or the other
@@ocj305 Mike Pompeo made some deal with the government here last year 😪😪
@@shaunellwilson7190 much love to Guyana....this would be so benefitial to help the people of Guyana...maybe even end poverty...but we all know what's gonna happen and the people that really need help ain't gonna get nothin
@@ocj305 so true,everyone looking for their own interest...they trying though,governments from other countries sent money for us and they shared $25,000 gyd a household.....
Much love to your country as well💛
No it will not, the politicians will enrich themselves, and leave the rest for the oil companies. If any politician stands up for the people, the economic hitmen will be activated. It’s just the way it is, poor countries that have oil remain poor while a few get rich.
Sad...but...true
Yea
sirus Biz so how come kewit ,saudi and duabi got rich,and they were just camel trading post? dont you love to sprout bull shit.
hay sirius, well how come Guyana is getting richer and the people are getting a better standard of living, ? how come saudi and kewit got rich and they were poor countries before and was it exxon who drilled there? or the russians drilled for free,and gave them all the money?
First they have to stop Nepotism and also fix corruption then we could have a transition I love my country it’s been 54 years now I hope the oil money help all the people in Guyana lives a better life and happy God bless.
Short answer: no. Endemic corruption, heavy reliance on statism, petty politics and a lack of innovation in the private sector portend a boom and bust future.
mark abdulla what country you from?
ALL Guyanese need to come together. The corruption between those in politics on all sides needs to stop. Guyanese are a mixed people. Love yourselves and don't allow foreign multinationals to take over. Unity, unity, unity, wisdom, wisdom, wisdom, not theft, theft, theft or greed, greed, greed. Those in politics in Guyana stop lining your own pockets and taking from the people.
I was born and raised in guyana i now call Canada my home this discovery could be a blessing or a curse
Which part of Guyana U from
You and hundreds of thousands of other Guyanese. I don't blame you.
Love Guyana from Kathmandu Nepal
Really hope Guyana actually does get what it should from this oil find.
With the amount of thief’s in that country they’ll rob themselves and screw up their own opportunity if not let stupidity get the best of them.Sad to say but if you’ve been or even lived their you already know truth.
👏👏👏👏👏👏👏👏
Sadly that's My take too!😀✌
im from guyana and you spitting facts man
& here goes “ AMERICA’S NAVY” 😩 I pray for you good citizens of Guyana 🙏🏿
Well I guess you would rather the venezuelans bully them out of their own waters then...
AMERICIAN navy.no we have TRUMP to thank, Guyana in not a banana republic we have demcratrtic values, those PNC idots give Guyana a bad name.
we love them and welcome them all the time
Not mentioned is the fact that Guyana is perhaps the only country which has more of its citizens living overseas than inside the country. Given its wealth potential & a solid democratic nation, Guyana must have Guyanese who are endowed with the right technical capacity/experience and the highest character to manage its impending prosperity. It is challenging for the country to climb from the second poorest in the Western Hemisphere to one with the highest GDP in quick succession. May God bless Guyana.
frank jones, thanks, you are one of the very few who want Guyana to progress, the others hate Guyana and run it down.
Guyana: *finds oil*
USA: mine? 🥺👉🏽👈🏽
All the best to my brothers in Guyana. Wish to visit a wealthy Guyana in 10 years time
Nice video.. Please do one on Suriname. Seems like a similar story..
🇸🇷
I pray to god that one day my Dear Land of Guyana will prosper and that no other country will call us the Poorest country in the world we are only 800.000 inhabitants and all of us can be come wealthy if our Govt knows how to handle this resource God bless Guyana the country where our four parents laid down their backbones cutting cane to develop it
hello Sara,please get your facts right,we are not the poorest in the world,but a middle income country
@Learning Spanish ,Well we know Venezuela want to destalibse Guyana, and Russia ,but Guyana will not be easily be destalisabilised, oh and of course THE pnc wants that also.
You forget the 2 million live abroad. Do the maths. Since I was a boy. It was 800000 thousand. ,,
@@amazonwarrior7126 Now that US Navy has begun patrolling waters with the Guyana Navy, Venezuela isn't gonna do shit. Because if they EVER struck one of the US Navy vessels, only then will go from not doing shit to shitting their communist pants. In short, the US would unleash its military power and crush Venezuela like a bug...and Venezuela knows it. This was a VERY smart move to "invite" the US down to Guyana to do joint patrols offshore.
@Sara Raposo If the politicians within Guyana don't fuck it up, and most importantly: DO NOT BECOME A COMMUNIST COUNTRY. All one has to do is look at your rotting next door neighbor, Venezuela, to see the end (and predictable) result of what happens when a totalitarian/communist regime seizes power. Also, don't set the bar too high, but depending on the build-out and capitalizing on the oil-related markets, it could be very possible for Guyana to pay out periodic STIPENDS to its citizens, which is done in the oil-rich state of Alaska (only Guyana has larger amounts of oil vs. Alaska, so who knows).
I am learning about Guyana (e.g. watching videos, learning about the culture, etc.) because I work for a WTE company that will be building a facility in the Berbice area, converting bagasse to ultra-clean synthetic fuels. I'll be spending significant time in Guyana, and I am eager to partake and take in all the nature and waterways, Guyanese food, etc. P.S. Is Georgetown as dodgy as many seem to say?
Finally see my country guyana being noticed😐
A country can become rich but If their system doesn't change and they focus just on oil , people still have poor mentality at the end of the day will still be a 3td world country like Venezuela.. a nice land but poor mentality and a nation which always depended on oil .
Hopefully Guyana will not piss away this blessing as has happened in Trinidad as a result of political corruption.
Put your money into infrastructure from the ground up, and not into “prestige projects”.
Use some of that money to seriously build up your military, and in the meanwhile hire mercenaries.
When you do build it up get yourself an “iron dome” air defense system, and an academy to train troops for jungle warfare. A coast guard with some seriously armed fast boats is also necessary.
You have more than enough land, so keep & preserve Georgetown as it is architecturally, but build a new capital from the ground up elsewhere, making sure that the hiring of your young people and their development is included in every contract.
Make sure your economy stands on more than just one leg. A preserved Georgetown will be a tourist draw. Also develop and manage your timber industry.
Make sure the government does not run or manage any of these companies, but just sets the “rules of the road” so to speak.
Develop a fishing fleet and a fish processing industry and/or develop an aquaponics industry where both fish and crops are grown together in vast tanks or pools.
Power=development, so be sure to plan for your population 50 years hence assuming a 3 percent population growth rate. That means buy modular plants which can easily be added to as demand grows.
Run all your power lines and communication lines underground, and have both digital and paper blueprints for all your infrastructure.
Don’t try to grow too fast, but aim for long term steady moderate growth.
Your best bet would be to assume the American constitution but with a Guyanese flavor, and things like term limits in political office, and banning of the giving of money to political leaders, either directly or thru third parties, corporate, or otherwise, by any business, or human person on behalf of the business.
Good luck Guyana. Go get them.
Edmund you certainly speak wisely,hope some politicians will read this.
Mate where are you from, this is top quality content
Thank you! London.
Let Norway help to design a financial system for the benefit of Guyana's citizens. They have the the experience with oil and are an honest country.
So true. The situations are not comparable but the general idea of starting a state fund with the oil proceeds is a VERY good one. I had this in mind for Suriname too but as always give Suriname people the best ingredients for a 5 star meal and they turn it into poop.
yes Abellincoln, it all sounds good, but Guyana needs to develope infrasture first before we can put all the oil money
in to a fund.
bull shit to Norway,we can do it our selves and we have done it already
Genuinely interesting stuff here about something most of us didn’t know about. A well made video too, great job you deserve a cigar 👍😎
by 2025 guyana will owe exoon 20 billion us dollars we getting nothing
so how come Guyana has got 150 million us dollars in only a few months?
@@amazonwarrior7126 and what has that done for Guyana! Guyana us way behind when it comes to infrastructure! A lot of places don't even have clean running water, you can't even take off money with a visa card, electricity is always cutting off, the roads look like a mess and social services barley exist!
@@amazonwarrior7126 Notice the difference between 'millions' and 'billions'. The politicians and global companies will make a show of how many tens or hundreds of millions "the people" will be getting. All the while, they themselves will be passing out the real money. Don't fool yourself.
They are about to be in alot od debt. You guys saw pompeo went there to sign agreements for the us to do business with them?
From india, we love guyena ♥️
You meant you like Guyana amazon warriors n the oil not Guyana let's be real
@@dks7001 they can’t even spell Guyana lol
@@jeremys3951 Lmaoo
I AM A CITIZEN OF GUYANA ALL MENTIONED IN THIS ARTICLE IS CORRECT BUT WE ALSO NEED MORE
EDUCATIONAL PROGRAMS FOR THE
YOUTHS GERIATRIC CARE AND JOBS
THAT ACTUALLY CAN COVER OUR
LIVING EXPENSES THE VENEZUELAN GOVERNMENT SHOULD TAKE INTO
ACCOUNT HOW MANY OF THEM FLED
TO GUYANA AND WAS WELCOMED
HOPEFULLY THE UNITED NATIONS WILL
RECTIFY THE SITUATION
Its can but its curse like Africa billions being lost to corruption
Don't curse our country.
@@yukishiro7551 I am a Guyanese and I fear that will happen third world countries with brown and black people dont benefit from their oil reserves profits corruption is rampant
@@lordforareason9440 If this is the case and you are afraid. How do you plan on addressing the issue? There has to be some sort of action for the people to do to halt any form of conspiracy . As John F. Kennedy said "Ask not what your country can do for you, but ask what you can do for your country." I believe it is up to the people of the country to hold their governments accountable.
@@yukishiro7551 The people have to be united first and foremost and that is the major issue with Guyana always was thanks to the Americans and British . How can the people of Guyana hold the politicians accountable when they are not united? Society has to get rid of the stupid racial support of the main parties and the younger generation has to stand up and overthrow the old policies the PPPC and APNU/PNC need to be dashed straight into the bins
Not every country is corrupt in Africa relatively speaking.
Key .. we must invest in our population
Let's go my country 🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾
Just another blessing for this nation with so many natural resources.Precious metal in their soil now oil. Many treated Guyanese as if they were Aliens but we kept our faith .
yes man I feel like an alien and I cant sleep at night.Thank be to mr Mudero of Venezuela who is a very dear friend of Guyana who gives good economic advice to Guyana
Im from guyana
And watching this i be likeee 👁👄👁
Yayyyy!!
And it's obvious you don't watch our news, for us Oil is just a bonus. It will not make the primary source of income. It will be built upon and run upon what we already have
Like 18th century sugar production? Lmao
We have had enough natural resources to make our country rich but we never got out of poverty, oil will not make a difference. Sad to say but Guyana will be the same way 200 years from now. Our politicians are the real drain on the country.
Alas. The best thing would be to leave the oil where it is and keep the bloodsucking oil companies far away. There are so many options for sustainable development. Just need an honest government that cares for the people.
Some of the wealthiest countries in the Caribbean/Basin region (in terms of per Capita income), have little to no natural resources. It is likely that extensive natural resources encourages corruption, and internal instability from political power issues. I hope for the sake of the people of Guyana that they will see improved infrastructural development, at least.
Edit: My apologies, I didn't watch the video before commenting. I now hear the reference to 'Dutch disease', and the need for infrastructural development, etc. for Guyana's improvement. Well thought out video, and praying for God's richest blessings on the Guyanese people, the blessings of peace, and love.
Only with God's guidance. Oh how i pray for God to have his way
Health! Education! Safety! Nutrition! Infrastructure! Communication! Much needed improvement! Financial security! Almost everything important! Best wishes🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Listen man, my country may be small, but it's now starting off so except great things
My words exactly.
USA to Guyana's oil: Yes
Soon you will need visa to enter guyana....😎
USA watching Guyana right now, they coming lol 🤣
Great video.... I really think u should call the president and give him sum advice
DPI, Guyana, Tuesday, June 30, 2020
The public hearing on the question of the jurisdiction of the International Court of Justice (ICJ) in the case concerning the Arbitral Award of 1899 (Guyana vs Venezuela) was held today at the Peace Palace in The Hague, the seat of the Court.
Guyana’s co-agent Sir Shridath Ramphal (age 91) in his presentation contended that the International Court of Justice unquestionably has jurisdiction to hear the case and adjudicate Guyana’s claims that the validity of the boundary between the two countries has been permanently fixed since 1899.
Very interesting. Has their been any moves on the part of Venezuela regarding the ICJ? I'm pretty sure they will not accept jurisdiction while the current regime is in power.
@@GeovaneVideo No. They refuse to participate. However, their argument was read by someone during the hearing. I THINK this was their argument from the beginning. The entire hearing may still be available on globespan.
ua-cam.com/video/eEtIJpVuPN8/v-deo.html
The complete hearing at the ICJ
@@essequiboisland6791 There was a convention on the issue in the late 19th century which I think ruled in favour of Guyana, however, Venezuela has ignored it. From my time learning about the court, I can make a pretty vague analysis that the ruling will be an equidistant maritime boundary and no change of territory.
@@GeovaneVideo Guyana had a dispute with Suriname and this was dealt with in the ICJ. Suriname loss. I am guessing it will be the same.
Thank you very much for your video. I love seeing content like these about my country. I hope the powers that be are watching and taking notes.
The shaddy deal is similar to that the PNC government made with Cambior regarding gold production in the 90s. Looks like history repeating itself.
Too late, unfortunately. Oil reserves will not make a country rich anymore. Just look at your neighbor in South America.
People fail to see this. Venezuela has the largest reserves of oil by a good ways yet look at the state of their economy. Guyana wont just magically get rich with this. Coming from a trinidadian
Oil: I can make a country rich
Corruption: Am i a joke to you?
This is which the rich gets richer and the poor gets poorer
so Persaud, you should be President,and things will improve
@@amazonwarrior7126 is wam to this parasite In my 26 years born n raise in this county Guyana was never heard of what just few years back we discovered oil n we gone globally we poor people don’t have anything to benefit from this is the rich that will
@@mahindrapersaud3562 hay Persaud, we are benefiting already,are you sure you are Guyanese or a venezulian firelighter,who is using a Guyanese name if you got a computer you are better off than a lot of people in venezuela and brazil.
@@amazonwarrior7126 look don’t make I cuss you skunt from heyy keep your opinion for yourself I’m a born Guyanese I don’t try to be someone that I’m not
@@mahindrapersaud3562 we are benefiting already.things can't happen overnight.
With these leaders lol
THE US PEOPLE WATCHING THIS DONT MESS WITH GUYANA
It can but we needs honest leaders,leaders that are willing to put aside the differences and work for betterment of the nation,since its not just the oil but also we have many other resources that can propell our economy,and the current government have shown in the past how corrupt the can be,so both government and opposition needs to work together.
We have to stop depending on leaders tho, cause they are going to lead us in a burning hole.
Guyana should invite india for oil exploration, we have cultural ties and need oil as well , it can be a win win situation
Hopefully your country can give them a better deal than Exxon
@@trapmuzik6708 it should without taking advantage of guyana
It sickens me that we’re recognized by the very same thing that we cannot fully inherited at least a 5% from .
I was not born in Guyana however my mum and the whole family are. I always felt at home in Guyana where my family still lives there. This is an unbiased documentary.
Real happy for Guyana.. hope Guyana leaders don't make wrong decisions and be tempted to be corrupted with oil money... respect from TT
Eldorado shines. Proud to be a guyanese Canadian. Should I return home to guyana my birth country? HOME IS WHERE THE HEART IS.YES GUIANA I WILL BE COMING BACK TO HUG MY MOTHERLAND.(TORONTO)
Name a country that is being govern honestly? All the best to guyanese who would rise from a poverish nation to a first class country - the next Dubai .
New zealand, finland, norway and the rest of those nordic countries. Thats why everyine in those countries have the ability to access education and healthcare. Its also very peaceful, clean and they run very efficient systems as well. But, you all dont want to use them as an example because particularly for people of color selfishness and greed outweighs everything else.
Yeah,Dubai and China, India and more.Guyana need to stop with the race and whole 1 head as 1 people 1nation 1 destiny and will be fine.God bless Guyana.my people
Singapore, Taiwan, etc.
Good video bro keep it up
Wow all of a sudden people know Guyana 😄
Stupppessss 🤨
Sim, moro do Brasil, conheci Guiana, Suriname e Guiana Francesa com 18 anos de idade por causa de um amigo que conheci do caribe, penso como vocês vivem tão isolado da América do Sul ? 🤔
I have been reading the comments, and I see the politicians getting hell. Lol.😂😂😂
All guyanses should not be talking bad about their country. If you see something wrong don't talk but do something. Let's hope for the best for our country becuase nobody else will. One people, one nation, one destiny, don't forget.
Forked tongue! Tell that to the hundreds of civil servants who have unjustly fired 😡
thanks yuki, for a positive reply, only the Brazilians and the Japenese love Guyana, and the Americans, everybody else hate us, a lot of Guyanese are negative also.
@Learning Spanish Do you see me talking about how bad things are in the country and trust me when the time arises I will meet the need. And it's not like you know me or what I am doing. My country has always been in my heart, and you have no idea how much I want to see my people live better. But taking bad or thinking negative doesn't get us anywhere. We need to be people who find solutions for our problems not wish others will do it for us, we need to take responsibility we are the people not to blame others. Trust me one day my voice will be louder because I refuse to let those who keep winning to only be heard and silence the rest of us because we do not go with your agenda.
@Learning Spanish It applies to you as well. And I might as well ask you the same question. Also, What gives you the right to take away someone's universal freedom of speech?
If you live by the gun you will die by the gun. Don't be a person who refuses to learn. Take this as a free lesson: we shape our minds with the thoughts we think.
The people of guyana will never see a dollar of the oil money
God Bless Guyana....
Why didn't Venezuela dispute the land with the Arawakans?
As a quiet American with Guyanese family. I am ready to fight for Guyana so we can prosper together. Between internal race relations, Venezuela which was Spanish Guyana and other evil entities, there will be cold or hot war.
If anyone wants to get into contact with me to do good business for Guyanese. Contact me.
The video title should have been "Guyana, the new hated and target country to the US"
stop your Rubbish, Usa is our friend, china, russia, Venezuela, and EU are our enemies
Hoping for the better?
We've made it lads lmfao
Lmao
Nice video !
:o this is my country yes we will become the best country ever :D my mom told me yesterday the prince of Dubai visited guyana and they will do oil trading and Guyana will become the Dubai of South America I’m so excited :D
And you think that’s a good idea? You can’t be serious. That’s going to be hell for us Guyanese. We want to be Guyana and not the Dubai of South America.
@@originaldaughterofabyayala6678 yeah but Guyana will nice up like Dubai
@@deloreanwtc1997 That’s still not a good thing, we don’t know what really goes down in Dubai. From what I’ve researched, there’s young girls getting kidnapped from all over and they’re getting send to Dubai. Dubai is not a good example. Guyana when you look at it for its natural ressources is basically the garden of Eden, we have EVERYTHING there. Why would you want to change it? Do you really think these foreigners want to make Guyana "better"? We’re not in wonderland.
@@deloreanwtc1997 AND you can just go to Dubai 🤷🏾♀️
hmm that true
Why Oil Rich Venezuela was sanctioned by US like China is today? Any growing economy will be Targeted for Destruction by British and US military and CIA. Myself and many other people left Guyana because is British and CIA regime change carried out after Guyana Independence. Hope current 2 parties cooperate to benefit all people in Guyana and be ware of the US dollar.
Wrong guyana was never a poor country because I'm from the county of the republic of trinidad and tobago which next to guyana and 7 miles from Venezuela they country all ways have a good gdp for years for this new discover of the country the government of guyana have to invest more too the people and not there personal porket
Me as a guyanese watching this just for fun
USA getting involved lol what's the pay back for their help
Buyer beware. Where there's oil there's america
that is my country proud guyanese
Me too
Don't forget American sanctions don't for get .like to play your memory small . don't forget AMERICAN SANCTIONS.on ven
Amazing