First crude from Guyana's fourth platform to be exported in Aug-Sep

Reuters
06-11
First crude from Guyana's fourth platform to be exported in Aug-Sep

GEORGETOWN/LONDON, June 10 (Reuters) - The first crude cargo from Guyana's fourth oil production platform, which arrived in the country in April and is being installed, is scheduled to be exported between late August and early September, the government told Reuters on Tuesday.

A consortium by U.S. companies Exxon Mobil XOM.N and Hess HES.N and China's CNOOC 600938.SS controls all crude and gas output in Guyana. Each party individually exports its share of production, and the government also is entitled to a share as profit oil.

(Reporting by Kemol King in Georgetown and Robert Harvey in London)

((marianna.parraga@thomsonreuters.com; +1 713 371 7559; Reuters Messaging: @mariannaparraga))

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