Source: https://www.caribbeantoday.com/, News, First Published October 18, 2024 Suriname and Guyana have taken the first step towards achieving the joint exploitation of gas reserves off the coast of the two neighboring Caribbean Community (CARICOM) countries. “It won’t happen tomorrow, but it is important that we now have confirmation from both sides that we want to work together. It could take years before we have found a development concept,” Staatsolie director, Annand Jagesar, told the ‘de Ware Tijd’ newspaper. SURINAME AND GUYANA MOVE TOWARD JOINT EXPLOITATION OF GAS RESERVES OPENING LINES Jagesar was in Guyana as part of a Suriname delegation that included Foreign Affairs, International Business and International Cooperation Minister, Albert Ramdin that met with Guyana’s Vice President Bharrat Jagdeo. Jagesar told the newspaper that the two countries will jointly examine a development concept to make exploitation of certain reservoirs of gas condensates feasible. He said this concerns the Makka and Kwaskwasi discoveries in Suriname close to the border with Guyana and the Haimara and Pluma discoveries in Guyana, which is also close to the border. 9 BUSINESS VIEW CARIBBEAN VOLUME 11, ISSUE 10
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