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Suriname President Vows Oil Bonanza Won't Hit Carbon-Negative Status

Suriname held an election on Sunday to choose 51 lawmakers from fourteen parties who will decide the president amid a looming oil boom.
The election follows the discovery of a vast offshore oil field expected to produce 220,000 barrels daily starting in 2028, offering economic relief to a debt-ridden nation.
President Chan Santokhi, leader of the centrist Progressive Reform Party, is challenged by the National Democratic Party, which leans left, and the center-left General Liberation and Development Party, led by Vice President Ronnie Brunswijk.
Santokhi told AFP that once drilling starts, the country is expected to receive substantial revenue, promising "Royalties for Everyone" and committing to invest part of the profits in green initiatives to preserve Suriname's carbon-negative status.
The election outcome will influence how oil revenues address Suriname’s high inflation, poverty affecting one in five residents, and the transition toward sustainable energy.

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Daily Journal

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Center

Suriname president vows oil bonanza won't hit carbon-negative status

Ahead of oil-rich Suriname's election, the country's president tells AFP that a looming energy windfall will not spell a shift away from climate-friendly policies.

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Suriname Dreams of a Future From Dubai in South America

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KAKE News

+28 Reposted by 28 other sources

Center

President vows oil won't threaten Suriname's carbon negative status

Suriname President Chan Santokhi has vowed days ahead of elections that his country will maintain its rare status as a carbon negative nation, despite plans to exploit massive oil reserves.

1 day ago

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Volkskrant

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Connaissance des Énergies

"The Production of Oil Can Go Hand in Hand with the Status of Countries with a Negative Carbon Balance", According to the President of Suriname

"Petroleum production can go hand in hand with the status of a country with a negative carbon balance", according to the President of Suriname Admin FCE 23 May 2025 - 07:15 The President of Suriname, where huge reserves of hydrocarbons will begin to be exploited in 2028, says that "oil production can go hand in hand with the status of a country with a negative carbon balance".In an exclusive interview Thursday evening with the AFP in Paramaribo,…

2 days ago

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