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Guyana Set To Repay Billions In Oil Costs, But Full 50% Profit Still Uncertain – Exxon
Summary by Caribbean and Latin America Daily News
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1 Articles
Guyana Set To Repay Billions In Oil Costs, But Full 50% Profit Still Uncertain – Exxon
By NAN Business Editor News Americas, NEW YORK, NY, Fri. Mar. 20, 2026: Guyana is on track to fully repay ExxonMobil billions of dollars in oil development costs by the end of 2026, marking a major milestone in the country’s rapidly expanding oil economy. But even as that financial burden clears, a critical question remains unanswered: When will Guyana actually receive its full 50% share of oil profits? Guyana: Govt. Set To Repay Billions In Oil…
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