The fast-paced development of Guyana’s oil and gas industry, given ongoing calls for the use of more renewable energy, has been lauded by the President and Chief Executive Officer (CEO) of the Energy Chamber of Trinidad and Tobago Dr. Dax Driver. In 2019, just four years after significant oil finds were recorded, Guyana started producing oil from the Liza Phase 1 field in the prolific offshore Stabroek Block and by 2022, the country started producing oil from a second field- Liza Phase 2– in that Block. This accelerated pace of development is not common. But Dr. Driver, during an oil and gas webinar on Wednesday, said that it was crucial for Guyana to develop the industry quickly, given the growing focus on more renewable energy sources.
