ExxonMobil Guyana’s CEO, Alistair Routledge, announced on Monday that the company’s focus in Guyana will be on utilizing natural gas for domestic growth rather than converting it into Liquefied Natural Gas (LNG) for export. This decision comes as ExxonMobil prepares to develop its first non-associated gas field at Longtail in the Stabroek Block. Routledge emphasized that the gas would primarily support power generation, data centers, and an alumina plant, aligning with Guyana’s broader economic development goals. While LNG conversion remains an option, the immediate priority is to maximize the gas’s value within the country. The company aims to complete environmental impact studies by late 2026 and submit a field development plan (FDP) to the Guyanese government. Initial production will focus on condensate, a liquid byproduct of natural gas, for global export. Gas reinjection into wells will also be employed to enhance condensate recovery, with natural gas extraction expected to begin 10 to 15 years after Longtail’s condensate production starts. ExxonMobil forecasts a daily production rate of over one billion cubic feet of natural gas from Longtail. In contrast, water reinjection will be used at the Hammerhead field, which contains heavier oil, with gas potentially exported to existing pipelines or the Liza Unity FPSO to boost oil recovery.
Converting into liquefied natural gas not a priority – ExxonMobil Guyana’s chief
