The Dominican Republic won a free 10 percent stake in a Guyana oil block, but now has six months to start work, testing its bet on a huge oil boom.
Energy
Key Facts
—The stake. The Dominican Republic holds a 10 percent share in Guyana’s onshore Berbice oil block.
—The clock. Guyana has given it six months to begin fieldwork, with operations due before the end of 2026.
—The terms. The stake came without any upfront cash, held through state refiner Refidomsa.
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