Guyana energy storage harness processing

How will a natural gas pipeline work in Guyana?

The project will deliver natural gas liquids (NGL) and dry gas to the Government of Guyana. A subsea pipeline is expected to be installed on the seafloor to transport natural gas from the Liza field to an onshore pipeline on the West Coast of the Demerara River. Onshore, a pipeline will deliver the gas to the integrated facility at Wales.

How will a gas to power project impact Guyana?

The gas to power project will have significant transformational benefits for Guyana: The gas to power project is expected to support diversification and a competitive economy. Investment in gas to power generation to lower electricity prices could foster development in new industries and sectors.

Which recommendations are applicable for Guyana's gas to power project?

The following recommendations are therefore applicable for Guyana’s gas to power project. Adequate grid infrastructure, policy, and legislative changes are required to ensure that all Guyanese benefit entirely from the gas to power project.

Does ExxonMobil have a natural gas project in Guyana?

The project will utilize natural gas from the Stabroek Block’s Liza Phase 1 and 2 Projects. During the company’s first-quarter 2024 earnings presentation, ExxonMobil Chairman and CEO Darren Woods highlighted the benefits of this project, describing it as a “win-win proposition,” particularly for the people of Guyana.

How can Guyana manage complex infrastructure projects?

This agile responsiveness to its petroleum infrastructure and workforce needs integrated with foreign partnerships, investments and skills transfer is a harbinger of how Guyana can manage complex infrastructure projects, such as the Gas to Energy one and how competitive it can get on the global market.

Is liquefied natural gas (LNG) a viable solution for Guyana?

Phase 2 associated gas is planned to be utilized for liquefied natural gas (LNG) production, depending on the capacity. According to the Gas Master Plan Update (2021), the Gas to Power solution is economically viable for Guyana, with the recommendations for a phased development (see Figure 1 below).