Guyana will be left with over 3,000 barrels of liquids to export each day …nomarketsecuredyet

Commenting on the agreement, Kevin Cohen, Head of Fixed Broadband, Latin America, & Global Prepaid Internet said:

“Throughthiscollaboration,Viasatcanoffer its high-quality satellite broadband connectivityacrossGuyana,includinghardto-reach regions. Our ability to connect unconnected communities helps create new opportunities for the people of Guyana including access to online services such as tele-medicine, distance learning, business critical tools, entertainment and egovernment services. The upcoming launch oftheViaSat-3fortheAmericassatellitewill continue to fuel our mission to bring connectivitywhereitisneededmostandhelp closetheglobaldigitalgap.”

Andre Jones, Managing Director of WANSat, commented that “AtWANSat, we pride ourselves in bringing the latest in satellite technology to the Guyanese public. Leveraging Viasat’s advanced satellite technology and our expertise in satellite communications will enable us to provide cutting-edgesolutionsforthegovernmentof Guyana, enterprise customers, and residentialcustomersintheremotestregions of the country There are still tens of thousands of people in Guyana without any access to the internet, or access to a highquality, reliable broadband internet connection—we’regoingtochangethat.”

B y 2 0 2 5 , t h e Government of Guyana (GoG) expects its US$282 million Natural Gas Liquids (NGL)planttobeonstream. The startup of this facility willprovidethecountrywith some 4,100 barrels of byproducts daily- such as cooking gas and fuel for cigarettes-amongothers.

Guyana however utilises approximately 700 barrels per day of these products, which means the country willhavetoseekmarketsfor 3,400 barrels of byproducts each day or 1,241,000 barrelsonanannualbasis.

These details were shared when Head of the Gas-to-Energy (GTE) P r o j e c t , Wi n s t o n Brassington offered an update during the just concluded International Energy Conference and Expo.

Brassington told delegates that Guyana will be getting some 50 million cubic feet of gas per day (MMCFD) as assured by its contractor.Thiswill amount to 63 million barrels of liquids per annum, he said. According to Brassington, “This is equivalent to about 4,100 barrels of liquids per day- so the C3, the C4, the C5plus,thepropane,butane andpentane.”

He was keen to note, “right now the country only utilizes about 700 barrels a day, so we will have quite a lot to export. In addition to that more importantly, we will receive 311 megawatts usingleangascausetherich gas is separated into the liquidsandtheleangas,and that will deliver to us, over 2600 gigawatt hours per annum.”

In the meantime, the Project Head also made it clearthatthe50MMCFDis only 40 percent of the pipeline’s capability, as the infrastructurewillbeableto transportover120MMCFD.

WiththeNGLfacilityset to come on stream by 2025, government is yet to secure markets for the excess gas products that will be available.

So far, the government has not indicated whether there is interest in these natural gas products by potentialbuyers. Thesaleof theseliquidshowevercanbe a significant source of revenue generation for the country

At a previous press conference, Vice President Bharrat Jagdeo said “We anticipatemaybe$70to100 millionayearfromsellingit atcurrentprices.”

Importantly, the VP assuredthatthisrevenuewill becollectedbythestateand be put towards the developmentofthecountry American oil major ExxonMobil had applied to the Environmental ProtectionAgency(EPA)for a Permit to construct the facility Approval was granted on November 25, 2022 but the administration has since decided to construct the facility on its own, along with a 300 megawatts power plant. A third aspect of the project will be the construction of a 12-inchpipelinetobringthe gas to shore from the Liza fieldsintheStabroekBlock.

On December 13, government awarded a US$759M contract to CH4Lindsayca to construct the NGL facility and power plant. Exxon on the other handwillbespendingUS$1 billion on the pipeline accordingtoBrassington.