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Guyana Plans Gas Pipeline to Diversify Energy Sector

Bloomberg Markets •
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Guyana is preparing a second pipeline to transport natural gas from its deepwater oil fields to the shore for power generation and industrial use. The project represents a strategic shift to diversify the country's energy portfolio beyond oil exports.

The pipeline will connect offshore gas reserves to coastal facilities, enabling domestic power generation and supporting industrial development. This infrastructure expansion comes as Guyana seeks to maximize value from its offshore hydrocarbon resources while building a more balanced energy economy.

By developing gas infrastructure alongside its oil operations, Guyana aims to create a more resilient energy sector. The project signals the nation's commitment to leveraging its resource wealth for broader economic development beyond crude oil exports.