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Guyana Exports First 1 Million Barrels of Oil

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A sample of Guyana’s “First Oil” is stored at the National Museum in Georgetown, Guyana, South America.

The Yannis P oil tanker is now en route to the United States after loading up 1 million barrels of crude extracted from the Liza Phase 1 Development.

After arriving in Guyana‘s waters on Friday, 17th of January, 2020, the vessel started loading on Saturday, 18th of January 2020. It set sail on the morning of Monday, 20th of January, 2020 after successfully loading the 1 million barrels of crude.

This marked another historical leap in Guyana‘s quest to becoming the world’s next oil-rich empire. On Friday, 17th of January, 2020, Guyanese celebrated the successful extraction of the first 1 million barrels of crude from the Liza Phase 1 Development with heavy fireworks along the Kitty Seawall.

Many Guyanese are excited that, as many economists have predicted, Guyana’s oil could transform the country into the world’s richest nation.

Related Stories:

Guyana Celebrates First Oil with Heavy Fireworks

Guyana May Become the Richest Country in South America

IMF Predicts that Guyana’s Economy will Grow 14 times that of China’s in the Year 2020

Guyana Begins Commercial Oil Production

President of Guyana Declares December 20, 2019 as National Petroleum Day.

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