Guyana and Suriname yesterday agreed to pursue proposals to craft a joint strategy to develop natural gas reserves which also potentially aims at tapping into the lucrative Brazil market.
“In the area of Oil and Gas and recognizing that both countries will be key players in the oil and gas sector, we have decided that we’re going to collaborate and develop a ‘Joint Approach Strategy’, not only in the development of the industry itself, but in supporting the development of our human resources to meet the industry requirement”, President Irfaan Ali yesterday said at a joint press conference with Suriname President Chandrikapersad Santokhi.
Both presidents explain-ed that they have also decided on an initiative where they will invite the Presidents of Brazil and French Guiana’s governor, France, to be part of an energy summit to discuss the Arco Norte gas pipeline and electricity generation project. This project envisages the interconnection of the Guyana, Northern Bra-zil, Suriname, and French Guiana power systems.
