Guyanese voters head to the polls on Sept. 1 for presidential elections, with hopes of claiming a larger share of the country’s booming oil revenues.
Photographer: José A. Alvarado Jr./Bloomberg
Guyana Election Rivals Want a Bigger State Share of Oil Revenue
Opposition presidential candidates are pledging to renegotiate Exxon’s oil contract to help alleviate rising inflation in the South American nation.
Voters in Guyana head to the polls Monday to decide whether to elect a new government that would push for a bigger share of riches from the booming oil production that’s transformed the South American nation into the world’s fastest-growing economy.
Opposition candidates vying to unseat President Irfaan Ali are pledging to renegotiate Guyana’s 2016 production-sharing contract with Exxon Mobil Corp. to combat rising inflation, increase wages and expand social programs. Ali, who has been in office since 2020, has steadfastly refused to reopen talks with the oil giant.