Guyana considers keeping Exxon-linked gas for its domestic market
FROM THE WIRE · FINANCE.YAHOO.COM
Guyana has turned into something of an oil celebrity with billions of barrels discovered by Exxon off the coast of the tiny South American country. With the oil riches came gas, too, and there were plans to add LNG to Guyana's export goods. Yet now the government is considering…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA possible shift in Guyana's gas strategy could affect projects in the Stabroek Block.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Guyanese government is considering keeping gas for the domestic market.
- 02Crude exports are about to reach a daily rate of over 1 million barrels.
- 03The Stabroek Block is operated by Exxon with Hess Corp and CNOOC.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Exxon Mobil Corporation174.64 USDMarket closedtoday -1.34%Neutral Chevron Corporation219.39 USDMarket closedtoday -1.19%Neutral Hess Corporation148.97 USDMarket closedtoday 0.00%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets