{"id":3883,"date":"2019-12-21T14:01:02","date_gmt":"2019-12-21T14:01:02","guid":{"rendered":"https:\/\/guyanasouthamerica.gy\/news\/?p=3883"},"modified":"2019-12-21T14:01:11","modified_gmt":"2019-12-21T14:01:11","slug":"guyana-begins-commercial-oil-production","status":"publish","type":"post","link":"https:\/\/guyanagy.com\/news\/2019\/12\/21\/guyana-begins-commercial-oil-production\/","title":{"rendered":"Guyana Begins Commercial Oil Production"},"content":{"rendered":"\nLast updated: December 21, 2019 at 14:01 pm\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/guyanagy.com\/news\/wp-content\/uploads\/sites\/2\/2019\/12\/5fe9d3454b55b114a6da8c7ccf203163143ad9e35a5376407028_640_fuel.jpg\" alt=\"\" class=\"wp-image-3884\" width=\"640\" height=\"426\" srcset=\"https:\/\/guyanagy.com\/news\/wp-content\/uploads\/sites\/2\/2019\/12\/5fe9d3454b55b114a6da8c7ccf203163143ad9e35a5376407028_640_fuel.jpg 640w, https:\/\/guyanagy.com\/news\/wp-content\/uploads\/sites\/2\/2019\/12\/5fe9d3454b55b114a6da8c7ccf203163143ad9e35a5376407028_640_fuel-300x200.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>About 5 years after the discovery of hydrocarbons off <a href=\"http:\/\/www.guyanagy.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Guyana's  (opens in a new tab)\">Guyana&#8217;s <\/a>shores, the 20th of December, 2019 marks a day of great historical significance for all Guyanese &#8211; an event which many hope will change the course of <a href=\"http:\/\/www.guyanagy.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Guyana (opens in a new tab)\">Guyana<\/a>&#8216;s economic path forever. <\/p>\n\n\n\n<p>ExxonMobil has already started extraction of commercial quantities of oil at the Liza Phase 1 Development.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThis historic development for <a href=\"http:\/\/www.guyanagy.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"the Co-operative Republic of Guyana  (opens in a new tab)\">the Co-operative Republic of Guyana <\/a>(CRG) is a culmination of substantial investments, perseverance, dedication, ingenuity, and the establishment of the appropriate policy environment that has the capacity to propel our nation towards sustained development,\u201d Director of the Department of Energy, Dr. Mark Bynoe stated. <\/p><\/blockquote>\n\n\n\n<p>Earlier this year, it was speculated by various international bodies that <a rel=\"noreferrer noopener\" aria-label=\"Guyana (opens in a new tab)\" href=\"http:\/\/www.guyanagy.com\" target=\"_blank\">Guyana<\/a> &#8220;could&#8221; become the <a rel=\"noreferrer noopener\" aria-label=\"world (opens in a new tab)\" href=\"http:\/\/www.patrickcarpen.com\/our-world\" target=\"_blank\">world<\/a>&#8216;s richest country &#8220;if&#8221; it uses its oil wealth wisely. <\/p>\n\n\n\n<p>Read More: <a href=\"https:\/\/guyanagy.com\/news\/2019\/08\/27\/the-richest-country-in-south-america\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"The Richest Country in South America? (opens in a new tab)\">The Richest Country in South America?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>About 5 years after the discovery of hydrocarbons off Guyana&#8217;s shores, the 20th of December,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_rtcl_gb_attr":"","footnotes":""},"categories":[12,11,13],"tags":[],"class_list":["post-3883","post","type-post","status-publish","format-standard","hentry","category-commentaries","category-economy","category-oil"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/posts\/3883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/comments?post=3883"}],"version-history":[{"count":1,"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/posts\/3883\/revisions"}],"predecessor-version":[{"id":3886,"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/posts\/3883\/revisions\/3886"}],"wp:attachment":[{"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/media?parent=3883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/categories?post=3883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/guyanagy.com\/news\/wp-json\/wp\/v2\/tags?post=3883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}