Dominican Oil Race Against Time | Guyana News

Dominican oil giant Refidomsa has just six months to start drilling in Guyana’s Berbice Block — a move ordered by Minister Vickram Bharrat to unlock economic opportunities for Region Six. The deal, finalized in May through high-level talks between Guyana’s Irfaan Ali and Dominican President Luis Abinader, gives Refidomsa a 10% stake without upfront cash and the potential to supply oil or gas at favorable terms if reserves are found. Though the block was previously held by CGX Energy and has seen prior exploration, this is a strategic win for the Dominican Republic’s energy security — and time is running out. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c0bf8b111493b78e