Guyana has started studies for a pipeline to bring natural gas onshore from the Exxon Mobil Corp-led Stabroek block, natural resources minister Vickram Bharrat said at the Offshore Technology conference in Houston.

Guyana said last year it was looking to meet unprecedented growth expected in its power demand by building a new gas-fueled plant and expanding its hydropower capacity.

The 120-mile (193 kms) long pipeline would help generate 250 megawatts (MW) to 300 MW of power, Bharrat said on Tuesday, adding that the studies were in their early stages. He did not disclose the cost of the project.

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Guyana is "seriously considering" proposals to set up a refinery in the country, especially as fuel prices worldwide have risen following the war in Ukraine, Vickram Bharrat, minister of natural resources, said on Tuesday.

"We have received several proposals from countries around the world. It is a decision we have not taken yet," Bharrat said on a panel at the Offshore Technology Conference in Houston.

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