ExxonMobil eyes US$2 billion Berbice gas pipeline

ExxonMobil Guyana's second gas-to-energy push in Berbice just slammed into a brutal reality check with pipeline costs potentially doubling past a billion bucks.

Second GTE project eyes Berbice

• Alistair Routledge confirmed the pursuit of another gas-to-energy setup.
• Pipeline to haul gas onshore carries a rough two-billion-dollar tag.
• The figure dwarfs the one billion cost for the Liza-to-Wales link.
• Larger volumes demand bigger pipes, plus years of inflation have hit.

Haimara field anchors supply hopes

• Offshore reserves position Haimara as the key starting point.
• The domestic gas market needs big anchor projects first.
• Demand must justify massive infrastructure spend upfront.
• Early viability hinges on heavy-hitting users stepping up.

Suriname sharing talks heat up

• Discussions explore joint infrastructure with Suriname.
• Economies of scale could slash costs if the deal lands.
• Pipeline specs are still in the development phase.
• Cross-border tie-in remains on the table seriously.

Investor interest builds momentum

• Foreign players eye data centres, power plants, alumina ops.
• Guyana government pushes industrial growth in Region Six.
• Heavy industries like bauxite processing get a serious look.
• Anchor developments drive the project forward in terms of viability.