Early Gas Production

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GUYANA EARLY GAS

PRODUCTION
PROPOSAL
CONFIDENTIAL
GUYANA OIL DISCOVERIES
GAS FOR GREEN GUYANA
• Natural gas represents the best option –short term as well as mid to long
term -for transforming the power sector of Guyana into a low cost engine
for the economic development of Guyana.
• It is also more consistent with Guyana’s aspirations for a Green State
Economy than current heavy oil and diesel options.
• Ahead of gas pipeline to shore, small-scale offshore LNG facility would
process associated gas from Liza and the product would be brought to
shore for power generation at a much lower cost than heavy oil and diesel.
• Even future hydro-power developments would benefit from Guyana
having gas-fired power so as to prevent excessive drawdown on hydro
reservoir and having regard to climate change realities
THE LNG ERA TAKES SHAPE
• Natural gas is on track to overtake oil as the world’s primary energy
source by the middle of the next decade
• Much of this expected increase in gas supply will be delivered to
market as liquefied natural gas (LNG)
• Safer, Smarter, Greener
• Great opportunity for Guyana to monetize gas not only for power
generation but also for a small to mid scale LNG development which
can be undertaken on an accelerated basis.
SEMI SUBMERSIBLE - BASED GAS PROCESSING

• Natural gas from FPSO received through flowlines


• NGL Extraction and Small Scale LNG
OFF-SHORE MODULAR LNG PLANT
天津绿州能源装备有限公司 Tianjin Lvzhou Energy Equipment Co., Ltd.

Would be square or rectangular design layout for installation on a submersible or ship shape vessel
DRILLING RIG/SHIP OPTION

Possible to connect a drillpipe riser directly on the wellhead


for self contained and immediate start of production. Early
cash flow and generated revenues for field development.
LNG DISTRIBUTION: SUPPLYBOAT LAYOUT
WITH STORAGE CAPACITY

6.000 m3 LNG

4.000 m3 LNG
LNG CONVERSIONS FOR MARINE INSTALLATIONS

New environmental regulations relating to operating within


Emission Control Areas (ECAs) announced in 2015. The marine
industry is actively seeking ways to comply. Converting to gas
fuelled propulsion is an increasingly viable option.
SMALL SCALE LNG – THE REGIONAL
SOLUTION FOR GAS DISTRIBUTION

• Small Scale LNG is an innovative and cost effective solution


for making natural gas available to energy users not
currently connected to pipeline networks.
• Norgas Carriers Small Scale LNG concept delivers gas for
stranded customers – fleet of two advanced Multigas LNG
carriers of 10,000 cbm
• The natural geographies for this concept are developing
economies, where the availability of electricity and energy
are key enablers for sustainable growth. The same applies
for other island nations in SE Asia as well in the Caribbean
and the Mediterranean.
NORGAS CARRIERS
GROWTH IN LNG PRODUCTION AND TRADE
• LNG demand will also come from its use as a shipping fuel,
particularly following new rules set by the International Maritime
Organization for 2020 and beyond that require the use of cleaner
fuels.
• DNV GL’s 2018 Energy Transition Outlook projects maritime demand
for LNG as fuel to grow from around 16 mt/yr in 2017 to 85 mt/yr in
2050.

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