(Energy Analytics Institute, 1.Feb.2022) — Energy briefs including Venezuela’s income from foreign currency sales to the Central Bank of Venezuela (BCV) obtained from PDVSA reaching $3.292bn in 2021; and ExxonMobil continuing to progress its low cost of supply deepwater developments in Guyana.
LATIN AMERICA AND THE CARIBBEAN
Guyana
— ExxonMobil will continue to progress its low cost of supply deepwater developments in Guyana, w/ estimated recoverable resources increasing to approximately 10 bn boe, supported by six commercial discoveries in 2021, the Texas-based co. said 1 Feb. 2022 in an official stmt. The Liza Unity floating production, storage, and offloading (FPSO) unit arrived in Guyanese waters in Oct. 2021, it added.
Venezuela
— Income from foreign currency sales to the Central Bank of Venezuela (BCV) obtained from PDVSA reached $3.292bn in 2021, up 343% versus $0.743bn in 2020, but down 94% from $52.6bn in 2021, according to details revealed 1 Feb. by the BCV. Oil income in recent yrs has been impacted by US sanctions imposed in early 2019 aimed at toppling President Nicolás Maduro.
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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
