Guyana's Oil Production Boasts Unusually Low Carbon Footprint

Guyana's oil production has long been prized for its 'light and sweet' quality, making it attractive to refiners due to its ease of processing into products like gasoline, diesel, and jet fuel.

However, another factor is increasingly distinguishing the country's barrels in global markets: their relatively low carbon intensity.

Rystad Energy reported that Guyana's upstream emissions intensity outperformed 75% of oil and gas producing assets worldwide in 2022, with an average of just 9 kg CO2e/boe compared to the global average of 18 kg CO2e/boe.