Guyana is targeting production of approximately 1.3 million barrels per day (bpd) by the end of 2027 and 1.7 million bpd by 2030, creating a substantially larger supply base than the country’s existing domestic downstream market can absorb. At the same time, countries including Jamaica, The Bahamas, Haiti, Belize, Dominica, Grenada and Antigua and Barbuda remain dependent on imported petroleum products.

The resulting opportunity extends beyond upstream development. Regional refining capacity, crude and fuel storage, port infrastructure, marine transportation and potentially subsea pipelines could connect Guyana’s offshore production with neighboring markets, allowing a greater share of the region’s energy trade to be supplied through shorter, more integrated supply chains.

Several offshore developments are driving the increase in Guyanese supply. ExxonMobil’s Uaru project is designed to produce up to 250,000 bpd, while Whiptail is expected to add another 250,000 bpd. The Hammerhead development, targeted for first production in 2029, is planned at approximately 150,000 bpd. Together with existing projects, these developments will significantly expand Guyana’s available crude volumes and reinforce its position as a major regional producer.

For investors, that growing supply base creates opportunities across the midstream and downstream value chain. New or expanded refining and storage facilities could serve multiple Caribbean markets rather than individual island economies, while upgraded ports and marine infrastructure could support crude imports, refined-product distribution and bunkering. Pipeline connections could provide another mechanism for moving hydrocarbons between production and processing centers where commercially viable.

The economics are particularly relevant for smaller Caribbean markets. Dependence on extra-regional fuel supplies exposes importers to international commodity prices, freight costs and disruptions along long supply chains. Greater regional sourcing could improve supply resilience while creating economies of scale in storage, transportation and processing.

Guyana would also benefit from developing more regional outlets for its growing production. While international exports will remain central to the country’s petroleum strategy, greater integration with neighboring energy markets could support investment in domestic and regional infrastructure and retain more value within the Caribbean energy economy.

This investment case will be a major focus of Caribbean Energy Week 2027, taking place in Georgetown from July 13-15 under the theme, Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub. The event will bring together governments, energy companies, investors and infrastructure developers to examine opportunities across the region’s oil, gas, LNG, power and downstream sectors.

The opportunity is ultimately about connecting Guyana’s expanding resource base with the Caribbean’s established energy demand. Developing the infrastructure between the two could create a more integrated regional market while opening a new class of investment opportunities across refining, logistics, maritime infrastructure and energy trade.