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Tuesday, November 24, 2020

Tanker to lift Guyana’s first share of Liza crude arrives

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OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe said on Wednesday the Greece-registered crude oil tanker, Cap Philippe, which will lift Guyana’s first one million barrel crude entitlement, will arrive in the country’s waters on Thursday, February 13, 2020.

Guyana is expected to have at least five cargoes in 2020.

The vessel will be moored to Guyana’s Floating Production Storage and Offloading (FPSO) vessel, the Liza Destiny, on Sunday, February 16, 2020 and the crude transfer will take place on Monday, February 17 and Tuesday, February 18, 2020.

Guyana’s first three cargoes have been sold to Royal Dutch Shell Plc. The DE has also indicated that it will be launching a Request for Proposal (RFP) shortly to recruit a marketing firm on a term basis to assist the Department in selling Guyana’s crude entitlement.

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