Early Gas Production
Early Gas Production
Early Gas Production
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
Would be square or rectangular design layout for installation on a submersible or ship shape vessel
DRILLING RIG/SHIP OPTION
6.000 m3 LNG
4.000 m3 LNG
LNG CONVERSIONS FOR MARINE INSTALLATIONS