Dr. Bharrat Jagdeo, the Vice President of Guyana, has indicated that the Guyanese government is willing to explore the feasibility of exporting natural gas to Trinidad and Tobago for processing.
According to a notice posted on the website of the Trinidad and Tobago Energy Chamber today (28 April), Guyana has yet to commercialise its natural gas, so gas from the offshore fields is currently reinjected into reservoirs or used to fuel floating production, storage and offloading (FPSO) vessels. However, this is set to change with the government’s Gas-to-Energy project, expected to come online in 2026. Under the initiative, 50 mscf/d of gas from the Liza field will be transported via pipeline to shore, for power generation, marking Guyana’s first domestic use of its gas resources. With this gas, the article on the T&T Energy Chamber added, a 300-megawatt (MW) combined cycle power plant and a natural gas liquids (NGL) facility with a capacity to produce about 5,800 barrels per day (b/d) is under construction.
Speaking at a recent press conference, Jagdeo said that decision on how to proceed will be taken not by the government by the private investors funding developments, but he added: ‘We have, through a public process identified a company to work with Exxon and the government of Guyana to monetise the gas.’
The article on the Energy Chamber noted that gas production in Trinidad has fallen to about 2.5 bcf/d, leaving substantial spare capacity which could be utilised by other sources, such as Guyana.
