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10 Jul 2026

Ahead of CEW 2027, Guyana Charts the Course for a New Caribbean Energy Corridor

Ahead of CEW 2027, Guyana Charts the Course for a New Caribbean Energy Corridor
The Caribbean – a region historically defined by fragmented markets and dependence on imported fuels – is moving toward a more integrated energy system, driven by major offshore discoveries, expanding production capacity and growing demand for cross-border infrastructure.

At the center of this transformation is Guyana. The country's rapid upstream growth, gas monetization strategy and investment-friendly operating environment have positioned it as a catalyst for a new Caribbean Energy Corridor linking resources, markets and industrial opportunities across the region.

Held under the theme "Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub," Caribbean Energy Week (CEW) 2027 will build on this momentum by convening governments, national oil companies, investors and technology providers to examine the partnerships, financing models and infrastructure required to translate the region's energy potential into long-term economic growth.

Guyana's emergence as a major offshore producer provides the foundation for this regional opportunity. Production from the ExxonMobil-operated Stabroek Block averaged 914,000 barrels per day during the first quarter of 2026, with output expected to exceed one million barrels per day following the startup of the Uaru development later this year.

At the same time, Guyana is advancing a strategy to capture greater value from its natural gas resources. The Gas-to-Energy project, which will transport offshore gas through a 200-km pipeline to shore, includes a natural gas liquids facility and a 300 MW power plant. By lowering electricity costs and reducing emissions, the project demonstrates how domestic gas development can support industrialization while providing a model for regional gas commercialization.

Guyana's progress is unfolding alongside major developments in neighboring Suriname, where TotalEnergies and APA Corporation are advancing the GranMorgu project in Block 58, targeting first oil in 2028. Petronas continues exploration and appraisal activity offshore, reinforcing Suriname's emergence as the Caribbean's second major deepwater growth market.

Trinidad and Tobago provides another critical component of the corridor. With established LNG export infrastructure, petrochemical facilities and decades of downstream expertise, the country offers industrial capacity that can complement new upstream production in Guyana and Suriname while strengthening regional energy security and export competitiveness.

Realizing the Caribbean Energy Corridor, however, will require investment well beyond upstream production. The next phase of development will depend on cross-border infrastructure – including LNG facilities, pipelines, ports, transmission networks and transport corridors – that can connect new resource centers with regional and international markets. Achieving this vision will require closer cooperation between governments, operators, financiers and development institutions, alongside financing models capable of mobilizing long-term capital for strategic infrastructure.

As Guyana, Suriname and Trinidad and Tobago expand their roles in global energy markets, the Caribbean Energy Corridor presents an opportunity to transform individual national successes into a coordinated regional growth strategy. CEW 2027 will provide a platform for those discussions, bringing together public and private sector leaders to examine how investment, policy and regional cooperation can unlock the Caribbean's next phase of energy development.

 

 

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