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Home / News Article
Suriname poised for cash inflow from newly discovered oil
Observer+ News
May 25, 2025

Suriname poised for cash inflow from newly discovered oil

PARAMARIBO, Suriname (AFP) -- Suriname, South America's smallest country, is preparing for an inflow of cash from a huge offshore oil find, with the president insisting the population will receive a direct share of the wealth. The Dutch-speaking nation of about 600,000 people expects to rake in about $10 billion in the next decade or two, with crude extraction set to begin in 2028. Projected output is 220,000 barrels per day (bpd) -- up from about 5,000 to 6,000 -- in a country where one in five p...

Oil Suriname
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