{"id":58321,"date":"2022-07-28T14:00:00","date_gmt":"2022-07-28T18:30:00","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/guyanas-oil-and-gas-revenue-exceeds-1-billion-in-2022\/"},"modified":"2022-10-27T16:08:01","modified_gmt":"2022-10-27T20:38:01","slug":"guyanas-oil-and-gas-revenue-exceeds-1-billion-in-2022","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/guyanas-oil-and-gas-revenue-exceeds-1-billion-in-2022\/","title":{"rendered":"Guyana&#8217;s oil and gas revenue exceeds $1 billion in 2022"},"content":{"rendered":"\n<p><strong>By<\/strong> : Franyi Sarmiento, Ph.D., Inspenet, July 28, 2022<\/p>\n\n<p>Guyana&#8217;s offshore oil and gas industry grows stronger, buoyed by the Stabroek block, government revenue from domestic production is on track to break the $1 billion mark this year and accelerate to $7.5 billion annually in 2030, according to Rystad Energy.<\/p>\n\n<p>This year, the Georgetown government began capitalizing on the vast reserves in the marine field, with revenue set to more than double from 2021 levels.<\/p>\n\n<p>Low break-even points and below-average emissions intensity at Stabroek will propel Guyana from a relatively small producer to a world leader in the coming years, cementing the country&#8217;s position as a competitive and policy-friendly player for production. in high sea.<\/p>\n\n<p>The government&#8217;s share of production is expected to increase through 2025, reaching $4.2 billion annually. Driven by a forecast drop in oil prices and continued spending on field development, government revenue will fall to $2.4 billion in 2027.<\/p>\n\n<p>Even so, production growth will accelerate, and revenue momentum will resume as new projects are sanctioned ahead of final investment decision and brought online, leading to peak government revenue of $16 billion. in 2036. These projections do not take into account the resources not yet discovered.<\/p>\n\n<p>Recent oil discoveries position the Guyanese government to reap the rewards of these discoveries with cumulative revenues totaling US$157 billion by 2040.<\/p>\n\n<p>This Petrobanca portal material was edited for clarity, style and length.<\/p>\n\n<p><strong>Source<\/strong> : <a href=\"https:\/\/petrobanca.com\/guyana-va-a-la-gran-liga-con-ingresos-de-petroleo-y-gas-para-superar-1-mil-millones-en-2022\/\" target=\"_blank\" rel=\"noopener\">https:\/\/petrobanca.com\/guyana-va-a-la-gran-liga-con-ingresos-de-petroleo-y-gas-para-superar-1-mil-millones-en-2022\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By: Franyi Sarmiento, Ph.D., Inspenet, July 28, 2022.<br \/>\nGuyana&#8217;s offshore oil and gas industry grows stronger, buoyed by the Stabroek block, government revenue from domestic production is on track to break the $1 billion mark this year and accelerate to $7.5 billion annually in 2030, according to Rystad Energy.<\/p>\n","protected":false},"author":838,"featured_media":45754,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-58321","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/58321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/838"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=58321"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/58321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/45754"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=58321"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=58321"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=58321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}