(Energy Analytics Institute, 19.Apr.2022) — Guyana is still looking to produce 800,000 barrels per day by 2025, the country’s Vice President Bharrat Jagdeo told Bloomberg News.
Brief excerpts from the interview follow:
— “[We’re moving from discovery in 2015 to production of 800,000 barrels per day by 2025”: Jagdeo
— “Hoping to accelerate production given the net zero target of the world”: Jagdeo
— “Guyana could be a major supplier of light sweet crude to the world in the future”: Jagdeo
— By Sep. 2022 the gov’t of Guyana will announce plans related to its bid rounds and whether Exxon (Hess and CNOOC) will be allowed to participate: Jagdeo
— “Not a whole lot of money coming in at this point in time… but more iwill come in the near-term”: Jagdeo
— “We are aware of the Dutch Disease and the oil resource curse”: Jagdeo
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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
