Guyana’s oil and gas prospects have the potential to transform both the country and the international oil companies developing these resources. First production from Guyana’s offshore Liza field is expected in 2020, and full development could yield 500,000 barrels per day. With billions of dollars in expected annual oil revenues, Guyana will have the opportunity to spur substantial economic and social development. However, the government and industry investment requirements to bring the oil to market and provide infrastructure to support this development will be massive.
At this event, the Honorable Dominic Gaskin, the Minister of Business of the Co-operative Republic of Guyana, discussed opportunities for oil, gas and infrastructure development in Guyana. Following his address, a panel of experts from Guyana’s government and the international oil industry further explored oil and gas prospects.
This event was sponsored by the Baker Institute Center for Energy Studies with support from Bank of America Merrill Lynch and assistance from Hughes, Fields & Stoby (USA) PLLC, TOTALTEC Oilfield Services and Relocaring2Guyana. Follow @BakerInstitute on Twitter and join the conversation online with #BakerEnergy.
The Honorable Dominic Gaskin
Minister of Business, Co-operative Republic of Guyana
Newell Maurice Dennison
Commissioner, Guyana Geology and Mines Commission
Managing Director of the Caribbean, Schlumberger
Senior Director, FTI Consulting
The Honorable David Patterson
Minister of Public Infrastructure, Co-operative Republic of Guyana
Francisco Monaldi, Ph.D.
Fellow in Latin American Policy, Baker Institute