Guyana is among a number of oil-producing countries in South America named in an article published in last Wednesday’s edition of the Nepal Times and authored by Inter Press Service development, environment and human rights journalist, Humberto Marquez, that could benefit from new “business opportunities for the oil-producing countries of the developing South” arising out of the “oil and gas supply crisis” spawned by Russia’s invasion of the Ukraine.
“The countries with the most positive economic effects are the net exporters that depend on hydrocarbon revenues for a large portion of their budget, economic activity and foreign exchange,” Marquez
quotes Head of Energy with the Washington-based think-tank, Inter-American Dialogue, Nate Graham, as saying.
