Guyana is considering downsizing its liquefied natural gas project.

Guyana is currently considering reducing the scale of its liquefied natural gas-related projects. The country has discovered considerable oil and gas reserves through offshore exploration. The adjustment in project scale is most likely a decision made after comprehensive consideration of current fluctuations in international energy market supply and demand, the capacity of local supporting infrastructure, and long-term planning for the oil and gas industry. The pace of advancing related projects will also be further adjusted based on actual circumstances going forward.