Guyana to become one of world’s largest oil holders, but careful management is key, says EITI

Recent Atlantic offshore oil discoveries have promised to generate an economic boom for Guyana and its’ citizens, the Extractive Industries Transparency Initiative (EITI) said, pointing out that mainly left unexplored until 2015, the nation is now on the brink of becoming one of the world’s largest oil reserve holders and the 2nd largest in South America.