They will use Guyana's oil to keep the price down and further decrease the political power of OPEC. 

Don't count your chickens before your eggs. Guyana has to produce oil at a profit and get access to East coast markets. There are a number of hurdles to overcome. OPEC bread is covered well with butter plus jam.

Guyana oil will be developed but how much will Guyana get?

KishanB posted:

Guyana oil will be developed but how much will Guyana get?

12% per barrel.

Django posted:

KishanB posted:

Guyana oil will be developed but how much will Guyana get?

12% per barrel.

The way the economy is eroding this cut off oil might not be enough to balance the national budget.