gogechamberFeb 8, 20211 min readA consortium of investors can be put together for gas to shore projectThough it is assumed that ExxonMobil and its partners will be financing about 50 percent of the cost of the gas-to-shore project, the Government will have to finance 50 percent or US$200 million. One has to consider the fact that because of Guyana’s development trajectory, and now political stability to some extent, and its geopolitical importance, the financing model can take many forms aimed at reducing the financing risks by pursing an optimum model.
Though it is assumed that ExxonMobil and its partners will be financing about 50 percent of the cost of the gas-to-shore project, the Government will have to finance 50 percent or US$200 million. One has to consider the fact that because of Guyana’s development trajectory, and now political stability to some extent, and its geopolitical importance, the financing model can take many forms aimed at reducing the financing risks by pursing an optimum model.
EXXONMOBIL REPORTS TWO FURTHER OIL FINDS OFF THE COAST OF GUYANA. ExxonMobil has added two new development opportunities to its broad portfolio with the announcement of two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore of Guyana. Sin