Brazil and Guyana lay groundwork for energy cooperation

Guyana has emerged as one of the leading countries in low-cost oil production and is preparing to bid for oil blocks on its coastline by the end of the year, in which the American company ExxonMobil is expected to play a leading role.

RIO DE JANEIRO, BRAZIL - On May 6, Brazil and Guyana laid the groundwork for expanding energy cooperation during a visit by President Jair Bolsonaro to Georgetown, in which agreements were signed in areas such as infrastructure and justice.

"On the oil and gas issue, we have a Brazilian giant called Petrobras, which is increasingly becoming a reality of cooperating with Guyana. We hope for that," Bolsonaro said after a meeting with his Guyanese counterpart, Irfaan Ali.

Guyana . . .

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