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Guyana to issue oil and gas licenses this year, energy minister says
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Guyana to issue oil and gas licenses this year, energy minister says
Jan 31, 2025 3:33 PM

GEORGETOWN, Jan 31 (Reuters) - Guyana's government plans

to issue two licenses this year for oil and gas projects, one

for Exxon Mobil's ( XOM )> seventh development in the country,

Hammerhead, and one for the nation's first natural gas

development, Energy Minister Vickram Bharrat told Parliament on

Friday.

The gas license is conditional on a green light to Exxon and

Fulcrum LNG for an ambitious project that could involve exports

of liquefied natural gas. The license plans were included in the

country's 2025 public budget.

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