Friday, September 29, 2023

Tender out for new marketer for Guyana’s Liza and Unity Gold crude

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre
- ADVERTISEMENT -

Guyana’s Ministry of Natural Resources has put out a tender for the provision of marketing services for the country’s share of crude from the Liza Phase 1 and 2 projects.

Bidders have until 9:00 am on October 11 to make submissions to the National Procurement and Tender Administration (NPTAB) Board.

The public notice did not indicate the contract period but requested bids in two lots – one for each producing operation.

Liza Phase 1 has the capacity to produce around 140,000 barrels of oil per day; it would offload crude every 7-9 days at this rate. Phase 2 can produce approximately 220,000 barrels per day, and typically offloads every 4-6 days.

Aramco Trading Limited (ATL), a Saudi Aramco subsidiary, was awarded a one-year contract for the job in September 2021.

Liza Phase 2 came on stream in February of this year.

- Advertisement -
spot_img

Latest News

S&P expects first Payara crude cargoes to load in November

Guyana's emerging Payara Gold crude is on schedule for its first official loading in November. This update is based...

More Articles Like This