Exxon moving to amend Liza-1 plan on associated gas

Even as plans continue for bringing gas to shore, ExxonMobil is working on amending the existing development plan for the offshore Liza-1 production area as it relates to commercial issues and expects to hand the document to government soon, the company says.

In that amended development plan the company will move to have further discussions on commercial matters surrounding the associated gas from oil extraction which it said will ultimately determine the sales arrangements and infrastructural responsibilities of both sides.

“A proposed amendment to the existing development plan for the Liza production area, considering the use of associated gas, will be submitted to the Minister of Natural Resources after conceptual design and engineering work are completed, as well as further commercial discussions which will determine the gas sales arrangements and infrastructure responsibilities,” the company said in response to questions from the Sunday Stabroek.