Exxon Mobil plans to increase natural gas production in Guyana and is considering options to export it to global markets, a company executive said at the Guyana Energy Conference in Georgetown, Bloomberg News reported Feb. 19.
Exxon began producing oil offshore Guyana in 2019. It has started up three offshore projects and has five more in the works. Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.
Alistair Routledge, the Guyana country manager, presented a concept that would send gas from Exxon’s Longtail development to the shore for use in producing fertilizer and alumina as well as for powering data centers.
Exxon said it plans to make a final investment decision on Longtail next year and for the project to go online by 2029. Gas production from the project could reach 1.2 Bcf/d.
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Publish date : 2025-02-21 00:14:00
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