Guyana is looking for a company willing to build a natural gas liquids (NGL) facility as part of efforts to monetize its offshore gas reserves, according to a notice…

Guyana is looking for a company willing to build a natural gas liquids (NGL) facility as part of efforts to monetize its offshore gas reserves, according to a notice published by the South American government on Sunday.
The storage and offloading facility would receive about 4,200 barrels per day (bpd) of liquids from a separation plant that is currently under construction. Once operational, that plant will strip the liquids from natural gas piped to shore from offshore fields operated by a consortium led by Exxon Mobil.
The new NGL facility project will include a pipeline and be scalable to receive another 5,900 bpd of liquids in a second phase, according to the notice. The government wants experienced firms to submit pre-qualification proposals so they can later bid in a proposed tender, it said.
Guyana plans to first commercialize the natural gas the Exxon consortium is producing through the flagship Gas-to-Energy project. The U.S. oil major finished the construction of a $1-billion pipeline to shore last year and is now waiting for the completion of onshore infrastructure being built by a separate group to
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