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Guyana Votes Monday as Ali Seeks Second Term and PPP Tries to Hold Its Narrow Majority

New output from Yellowtail heightens scrutiny of the Exxon contract that opposition parties say they will revisit.

Overview

  • Polls and analysts expect the PPP to win the most seats, but even a small loss could leave it short of a 33-seat majority and reliant on opposition support to pass laws.
  • Offshore production capacity has climbed to about 900,000 barrels per day after Yellowtail came online, reinforcing years of double-digit growth in the oil-driven economy.
  • Three opposition parties pledge to push for a larger share from the ExxonMobil deal, while the government defends the contract and Exxon says it will not reopen negotiations.
  • The administration points to pay raises, cash transfers, expanded housing and free university tuition as delivery on promises, even as critics cite rising living costs and uneven benefits.
  • A popular newcomer, Azruddin Mohamed, runs after U.S. sanctions targeted him and his father last year, introducing a wildcard element that both major parties are watching.