Guyana, a South American country, is booming because of its newly discovered oil! Now, they're looking at using natural gas from offshore fields, too. This gas could power the country and even be sold to other countries.
- Exxon Mobil, a big oil company, is studying how much gas is available.
- Guyana wants to use this gas for electricity and to make other products.
- They might even sell some gas to nearby Suriname.
- A company called Fulcrum LNG wants to help export the gas, but some people have questions about their ability to handle such a large project.
Fact | Detail |
---|---|
Gas Development Plan | Exxon to present plans by end of March |
Guyana's Share of Gas | Approximately 50% after Exxon recoups expenses |
Potential Project Cost | Up to $30 billion (for LNG export) |