The GranMorgu offshore project in Suriname is on track to produce first oil by mid-2028, with 6 billion of 12 billion dollars already committed, while authorities emphasize financial discipline and transparency to avoid resource curse impacts.
Multiple countries including Suriname are pitching the Trump administration to become alternative energy suppliers following Iran war disruptions to the Strait of Hormuz, seeking U.S. political backing and financing to diversify global energy supplies away from the vulnerable chokepoint.
Caribbean nations, particularly Barbados and Suriname, face severe economic strain from surging energy costs and reduced climate finance as global energy crises disrupt imports and development planning across small island developing states.
Multiple countries are pitching the Trump administration to become alternative energy suppliers, offering to diversify global energy sources and reduce reliance on the Strait of Hormuz amid regional tensions and rising gas prices.