Exxon to Submit Proposal for Second Gas Project in Guyana

Exxon Mobil plans to submit a request for environmental authorization for a second gas project off the coast of Guyana, country manager Alistair Routledge said in Georgetown Wednesday.

• Exxon has “growing confidence” in increasing Guyana’s gas production beyond the planned Longtail project, Routledge said
• Environmental authorization for the second project will be submitted in the next few months ahead of a full proposal to the government next year, he said
• Gas projects to be flexible to incorporate options for using the fuel domestically, for reinjection to produce more oil and for export
• Exxon is “testing the market” with contractors to ...