Guyana eying highest price yet for first oil lift this year

Guyana last week received its first lift of oil for 2022 from the Liza-1 FPSO, Destiny with government expecting the highest price per barrel to date given that world prices have surged.

Minister of Natural Resources Vickram Bharrat yesterday told Stabroek News that oil prices had been within the US$88 to US$90 range at the time of the lift last week and he was hoping the trend continues.