SURINAM

SURINAM (in South America)	CAPITAL: PARAMARIBO POPULATION: 0.5 mm AREA (on): 163,300 km² OIL PEAK: 2007
SUPPLY Oil in Surinam is produced from the onshore part of the Guyana basin in two fields. Other small fields in the neighbourhood will keep output at a plateau for some years. The country produces no offshore oil and, although deepwater potential is hoped for, no production is forecast. Surinam produces no gas. DEMAND Oil consumption is growing slowly and further growth is projected as the country develops. The supply/demand balance is such that imports have been required for brief periods in the past and Surinam will probably become a permanent net importer after 2014. Increasing imports will quell demand growth. Surinam uses no gas.


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