Atlantic Margin Exploration Landscape
Factors Motivating Berbice Deep Water Port in Guyana CgX
cgx
energy inc
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Currently, there are two functional Oil and Gas Ports in Guyana
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Located South of the Georgetown Harbour. The Demerara River has a depth of 5.5 - 5.9m at low
water. Georgetown Harbour is congested with little room for expansion
Stabroek Block Partners utilize current ports as well as ports outside of Guyana
Exploration activities in the basin are increasing rapidly, with limited local shorebases available: despite
a strong desire for local ports to be utilized and local content maximized
There has been three recent offshore discoveries in Suriname
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There is significant exploration activity planned in both Guyana and Suriname in the near term
The Government of Guyana has clearly identified the development of a Deep Water Port in Berbice as a
priority
Agricultural products in Regions 5 and 6 (produces ~65% of national rice crop) acquires a 20% surcharge
to ship out of Port Georgetown
www.cgxenergy.com
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