Monday, September 26, 2022

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

Must Read

OilNOW is an online-based Information and Resource Centre

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.


Latest News

Government to compensate property owners who will be displaced by Gas-to-Energy project – Attorney General

A government delegation led by Guyana’s Attorney General, Mohabir Anil Nandlall, on Friday met with residents of several Region...

More Articles Like This