Exxon's Guyana Oil Boom: Gas May Stay Home, Not Exported

ExxonMobil's significant oil discoveries off Guyana's coast have propelled the South American nation to over 1 million barrels per day in crude exports. While initial plans included LNG exports from associated gas, the government is now weighing options to retain the gas for its domestic market. This shift could impact future global LNG supply dynamics, though its immediate effect on international crude prices or Pakistan's gold and currency markets is expected to be limited.

بحوالہ / Source: oilprice.com