Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister.
TotalEnergies SE and APA Corp. this month announced a $10.5 billion offshore project that will begin pumping crude as soon as 2028. Minister of Finance and Planning of Suriname Stanley Raghoebarsing said the nation isn’t considering loans that are guaranteed by those revenues, despite hearing offers from brokers in Washington this week.
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Publish date : 2024-10-25 01:27:00
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