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Guyana’s Crude Exports Rise Above 620k b/d

OIL

Exports of Guyana’s Liza, Unity Gold, and Payara Gold crudes rose to a new high in February on a daily average basis, according to Bloomberg.

  • Flows through the prosperity FPSO climbed towards the plateau level.
  • 14 tankers loaded an estimated 18m bbl, or 621k b/d, from the Liza Destiny, Liza Unity, and Prosperity FPSOs.
  • Exxon Mobil began production in November at Payar, which is Guyana’s third offshore development.
  • In February, 10m bbl was loaded for Europe. 5m bbl for Chiriqui Grande in Panama, where it is sent via pipeline to the US West Coast or loaded to tankers to China.

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