Guyana opposition criticizes government for lack of financing strategy for future Stabroek Block oil projects

The Guyanese opposition has criticized the government for failing to establish a long-term financing framework for future oil developments in the Stabroek Block. The government is currently seeking expert advice to mitigate risks of reduced profit shares, which could drop to 12.5% under current approval structures. The critique highlights ongoing governance concerns regarding the management of the country's rapidly expanding offshore oil sector.