Govt. approves Exxon’s US$12.5 billion 8th oil project
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The Government of Guyana approved an eighth oil project called Longtail. This project is valued at 12.5 billion US dollars and will be operated by ExxonMobil Guyana Limited. It marks the first Non-Associated Gas project for the country.
…No ringfencing provisions …Nothing on Pres. Ali’s promised engagement with experts (Kaieteur News) – The Government of Guyana (GoG) through the Ministry of Natural Resources on Thursday announced the approval of an eighth oil project, Longtail, pegged at US$12.5 billion. Longtail will be Guyana’s first Non-Associated Gas (NAG) project to be operated by ExxonMobil Guyana Limited […] The post Govt. approves Exxon’s US$12.5 billion 8th oil project appeared first on Kaieteur News .