Still on the supply of the 50 mcfd, Routledge said, “We think it is right in the modeling, it is right on the edge of the level of accuracy that we have, we are only three years into the life of operating a huge field and we are trying to make a forecast over 20 to 30 years of how the reservoirs will perform. Meanwhile, as it relates to the 50 million cubic feet of gas per day (mcfd) required by government to power the 300-megawatt gas plant, he said, “ we are within the sort of error of margin on will there be an impact or not on the liquids recovery.” Routledge noted that the oil company believes “there may be certain things we can do to mitigate that over time which is why we truly don’t believe there is excess gas.” ![]() In response, Routledge elucidated that the company examined the gas available and has been using all the resources as fuel or for re-injection. President of ExxonMobil Guyana, Alistair Routledge was on Friday, during a press conference, asked to explain why the GTE venture is being pursued if there is truly no excess gas in the Liza Field. This statement however sparked worry that there is not enough gas to fuel the Government of Guyana’s (GoG’s) Gas-to-Energy (GTE) project that is currently pegged at US$2.1 billion. ExxonMobil Guyana had pointed out that there is no excess gas, hence no need for this study to be conducted. There has been an ongoing discussion of the need for a feasibility study to examine the pros and cons of transporting the gas to shore for the uses outlined above, since the 2016 Production Sharing Agreement (PSA) makes if clear this is required for utilization of the excess gas. Both the produced water and associated gas can be re-injected into the well to maintain a stable pressure in the safe recovery of the liquids. With reporting from WBUR's Fausto Menard and State House News Service's Colin A.ExxonMobil Guyana President, Alistair Routledgeįor those unfamiliar with the process, during the recovery of oil from a well, gas and water is also pumped from the reservoir. National Grid is also seeking a hike in natural gas rates, which would result in a 22% increase for residential heating customers compared to last winter.īurt says the company has launched an online resource for people to learn about ways to save money this winter, including through home energy audits and programs for financial assistance. Everybody who has close friends, please tell them conserve." "This winter will be, at best, a very high-cost energy winter," said Judy Chang, undersecretary of energy and climate solutions. State officials are reportedly working with federal counterparts to help residents prepare for the winter. In March, supply costs skyrocketed due to the conflict in Ukraine," said Helen Burt, chief customer officer at National Grid. "We procure electricity on behalf of our Massachusetts electric customers - typically about 50% in March and about 50% in September. New rates, filed Wednesday with the Department of Public Utilities, showed about $114 more due on a typical month's electric bill over a six-month period, beginning in November.Ībout half of New England's electric generation is powered by natural gas or liquid natural gas, the price of which National Grid says has increased due to global conflict, inflation and high demand. ![]() The company asked state regulators for a 64% residential rate increase over the same period last year. (Robin Lubbock/WBUR)Įlectricity bills for National Grid customers are expected to spike this winter, in part due to the war in Ukraine driving up the price of natural gas. The National Grid gas tank in Dorchester designed by artist Corita Kent.
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