Guyana's profit share at risk as Exxon advances 8th, 9th Stabroek projects

Former EPA head Dr. Vincent Adams warns that Guyana's 39.8% profit share from Exxon's Stabroek Block could fall to 12.5% unless the government ring-fences future projects. The 8th and 9th projects are already underway, and without explicit policy, the country risks losing significant revenue. This highlights a fiscal risk for Guyana's oil-dependent economy.