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Suriname Poised for Oil Wealth Injection as Voters Head to the Polls

  • Suriname will hold presidential and general elections on May 25, 2025, to elect a new parliament and later choose the next president.
  • The vote occurs as Suriname is poised for an oil boom driven by the $10.5-billion GranMorgu offshore project led by TotalEnergies.
  • GranMorgu is expected to start production in 2028 with over 750 million barrels of recoverable reserves, potentially raising Suriname’s GDP by 55%.
  • Incumbent President Chan Santokhi, seeking reelection, and main rival Jennifer Geerlings-Simons both support more offshore drilling but face criticism over forest and land rights protection.
  • The election outcome will impact Suriname’s management of oil revenues and indigenous land rights amid allegations of fraud and limited debate on economic plans.
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  • 38% of the sources lean Left, 38% of the sources lean Right
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NRC Handelsblad broke the news in Netherlands on Thursday, May 22, 2025.
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