Guyana Re-launches Search For Co. To Market Oil

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(Reuters, 24.Aug.2020) — Guyana has re-launched a search for a company to market the government’s share of the crude produced at the offshore Liza project, operated by Exxon Mobil Corp, according to a notice published in the South American country’s newspapers.

President Irfaan Ali’s government scrapped a previous, similar process initiated by Ali’s predecessor shortly after taking office in August. The government is seeking a 12-month contract that would involve five crude cargoes of around 1 million barrels each, according to the Sunday notice.

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Reporting by Luc Cohen in New York Editing by Chris Reese

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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