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The Democrat News > Blog > Uncategorized > Exxon to Boost Natural Gas Output in Oil-Rich Guyana
Uncategorized

Exxon to Boost Natural Gas Output in Oil-Rich Guyana

Esther Udoh
Last updated: February 21, 2025 4:00 pm
Esther Udoh
Published February 21, 2025
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Exxon’s offshore projects have made Guyana the fastest-growing major oil producer, but the government is urging the company to better utilize the natural gas found alongside its crude reserves.

At the Guyana Energy Conference in Georgetown, Exxon executive Routledge introduced the “Wales Gas Vision,” a plan to transport gas from the Longtail development to shore.

The gas would be used for fertilizer and alumina production, as well as powering data centers. Exxon expects to finalize investment decisions on Longtail next year, aiming for production by 2029, with potential output reaching 1.2 billion cubic feet per day.

Exporting gas via pipeline to Trinidad, which has LNG export facilities, would be too costly. However, Exxon is exploring alternative ways to sell Guyana’s gas internationally. “There is still a possibility of using LNG technology connectors to global markets,” Routledge said, adding that this option is under review.The Wales Gas Vision is separate from Guyana’s existing gas-to-energy project, for which Exxon has already completed an underwater pipeline to supply fuel for power generation.

Routledge emphasized that the feasibility of these plans will depend on demand, pricing, and project timing.

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