‘New kid’ Guyana positioned to play key role in global oil supply tussle

‘Having only just beginning to get its proverbial feet wet in the high-profile world of the global energy industry, Guyana, it seems, is already being positioned to play a strategic role in a sector that is never lacking in in-fighting and intrigue.

The country’s vast oil resources would appear to have been recruited into the ongoing tug-o-war between several of the giants in the sector, on the one hand, and others, only less powerful but always ‘digging deep’ to fend off the efforts of the mostly Middle-Eastern clutch of petro giants that include oil behemoths like Saudi Arabia and Kuwait, ever seeking to hold a strategic advantage in the battle for control over oil supplies. It is in this cauldron of ‘high level’ petro politics that Guyana now appears to find itself.