Two United Kingdom companies have won the contract to market Guy-ana’s oil share for the next fiscal year, government announced on Thursday, as daily oil production will also now come from three developments in the offshore Stabroek Block from next year.
Minister of Natural Resources, Vickram Bharrat, told the Stabroek News that UK company, JE Energy, will be the marketers of oil coming from the Liza-1 platform which uses the Liza Destiny FPSO, while BB Energy will market oil from the Liza-2 and Payara platforms which use the Liza Unity and Liza Prosperity FPSOs, respectively.
Neither of the companies will charge government for the marketing and will instead pay, in the case of BB Energy Limited, US 26 cents on every barrel it sells. JE Energy plans to pay some US 70 cents on each barrel of crude it markets.
