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Guyana July’s Oil Profits Should Be At Least 100 Times The Amount Needed To Salvage MV Barima
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Grenada Chronicle – Daily Grenada And Caribbean News
10, 2026: The Guyana government has stated that it may cost from US$8 to US$10M to salvage MV Barima.
That amount is a drop in the ocean compared with the expected oil profits for the rest of the year.
Guyana Oil Production — First 6 Months of 2026 Month Total Barrels Produced Avg.
In the table below, we show what Guyana’s expected profit take for July could be, excluding the 2% royalty, for oil prices ranging from US$80 to US$120.
At US$120/barrel, Guyana should receive about US$9 billion during the second half of 2026, or about 1,000 times the amount needed to salvage the MV Barima.