EXCLUSIVE — Guyana may scale back LNG plans as Exxon needs more gas for its wells, sources say

Officials weigh shrinking LNG project or using gas for domestic purposes Government seeks firmer timelines and costs from Exxon Investor frustration is growing as Georgetown has not made a final decision, sources said By Curtis Williams and Marianna Parraga HOUSTON, Oct 13 (Reuters) — ExxonMobil has told Guyana it will need more offshore gas to maximize oil production than the government had expected, potentially leaving less for liquefied natural gas production and exports, two people close to the talks said. Guyanese officials are now weighing whether to shrink a planned LNG project or skip exports altogether and use the gas for domestic power and petrochemical facilities only. It would deal a blow to the South American nation's ambitions to become a regional energy powerhouse as it continues to grow oil and gas output. Guyana has been pushing a consortium led by Exxon, which controls all of the country's crude and gas production, to deliver as much gas as possible so that the nation can monetize its reserves, which rank among the largest in the region. But the Exxon group, which also includes Chevron and China's CNOOC, is forecasting it will need about 2 billion cubic feet per d