'The new frontier of oil': Latin America's newest crude-producing nation to hold pivotal election

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'The new frontier of oil': Latin America's newest crude-producing nation to hold pivotal election
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Guyana is set to decide on a new government to oversee the highest amount of oil per person of any country in the world.

that total recoverable oil and gas resources in Guyana had climbed to more than 8 billion barrels.

Exxon said it anticipated production from Guyana's Liza Phase 1 development would produce up to 120,000 barrels per day in the coming months. When asked why the research firm's forecast for economic growth in Guyana was so much lower than the IMF's, Moya-Ocampos replied: "There are a lot of question marks still about how the Guyanese are going to be able to manage such extraordinary flows of revenue coming into the country."

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