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Free AccessGuyana Crude Exports in Feb Lowest Since August
Guyana’s crude exports dropped to the lowest since August in February.
- February exports from the Liza Destiny and Liza Unity FPSOs were 357kbpd down from 387kbpd in January according to Bloomberg tanker-tracking data.
- The country is one of the fastest growing regions for oil production in the world and aims to produce 1.64mbpd by the end of the decade.
- Liza Destiny with a capacity of 150k b/d started exports in January 2020 and Liza Unity with a capacity of 220k b/d of oil started exports in February 2022.
- Three more projects are currently under development with 220kbpd due in late 2023, 250kbpd in 2025 and 250kbpd in 2026.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.