Guyana’s Oil Books Don’t Add Up by $6.7 Billion, Analysts Say

Analysts report a $6.7 billion discrepancy in Guyana’s oil revenue, citing Exxon’s cost recovery figures implying at least $68 billion in revenue compared to the Bank of Guyana’s reported $51 billion. The gap arises from Exxon’s stated $51 billion cost recovery and the contract’s 75% ceiling, which suggests higher revenue than the central bank’s records.