Guyana's pick of new US startup faces hurdles to tap vast gas reserves

By Yahoo! Finance | Nov 25, 2024 at 06:09 AM EST

Guyana's selection of Fulcrum LNG to develop its natural gas resources faces financing challenges, prompting doubts. The startup may not secure the necessary funds, leading to potential reliance on Exxon Mobil. Other bidders like CNOOC and Energy Transfer were considered.

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