August 12, 2022

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Suriname is also working on gas extraction: “Adjustment of shortage strategy” |  Financial issues

Suriname is also working on gas extraction: “Adjustment of shortage strategy” | Financial issues

The president of Suriname came to this decision after a meeting with the head of the state-owned company Staatsolie. “Gas, I support it. If the world is now facing a shortage of gas and there is an ongoing war and we prove gas here, we have to adjust our strategy,” said Santokhi, who wants to talk to European countries. “It is expected that the extraction of gas in Suriname will be from concrete within three to four years.” Years.

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Oil and gas will dominate Suriname in the coming days. Staatsolie is organizing the three-day Suriname Energy, Oil and Gas (SEOGS) Summit. 120 companies participate in this event, and the expected number of visitors is about six hundred.

A few days later, Suriname will receive more visitors when the annual meeting of the Heads of Government of the Caribbean Community (CARICOM) takes place on July 3. United Nations (UN) President António Guterres is the chief guest. During his visit to Suriname, he will mainly focus on the consequences of climate change. An example would be a visit to the Mangrove Restoration Project. Mangrove plants help counteract coastal erosion.

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