Gas-to-energy investors must show local content plans, track record and capabilities

Preliminary Artist’s Impression of Natural Gas Plant (Source: EEPGL) (DPI) The Ministry of Natural Resources has laid out stringent requirements for persons interested in investing in the upcoming US$900 million gas-to-energy project, including demonstration of local content details, technical and financial capabilities, and track record. These requirements are outlined in a public notice from the Ministry, which […]

Guyana’s leverage to be boosted with gas to shore – President Ali

(OilNow) A significant reduction in the cost of electricity is not the only benefit that will be accrued from the Guyana government’s multi-billion-dollar gas-to-shore project slated for Wales on the West Bank of Demerara. According to President Irfaan Ali, the project will provide the new oil producing country with leverage in spin off sectors thereby […]

Energy costs could be reduced by 80%

Vice-President, Bharrat Jagdeo — when gas-to-energy project comes on stream; four studies to be conducted (Guyana Chronicle) THE price paid by Guyana for kilowatt per hour of electricity could be reduced by about 80 per cent when the proposed gas-to-energy project comes on stream.Preliminary estimates, as outlined by Vice-President, Bharrat Jagdeo, show that Guyana could […]

Govt’s gas-to-shore project economically viable

Financial Analyst Mr. Joel Bhagwandin – Financial Analyst (DPI) An analysis carried out by local Financial Analyst, Mr. Joel Bhagwandin, has found that the Government’s gas-to-shore project is financially viable. The Government’s transformative gas-to-shore project is underway and is set to be completed by 2023. The main objective is to transport sufficient gas from the […]

Gas to energy project to transform Guyana’s landscape -Minister Bharrat

Minister of Natural Resources, Hon. Vickram Bharrat (DPI) Minister of Natural Resources, Hon. Vickram Bharrat has said the Government’s plans for the gas-to-shore project are advancing and the initiative would transform Guyana’s economic landscape. Minister of Natural Resources, Hon. Vickram Bharrat has said the Government’s plans for the gas-to-shore project are advancing and the initiative […]

Gas to energy project to bridge oil and gas, traditional sectors – Minister Bharrat

Natural Resources Minister Vickram Bharrat (DPI) Government’s gas to energy project is set to see development of new sectors and boost local traditional industries.   Minister of Natural Resource, Hon. Vickram Bharrat shared this yesterday with regional and international officials attending the Caribbean Region Virtual Networking Event, organised by the U.S Commercial Service Trade Americas […]

2,000 acres of land needed to facilitate gas-to-energy project

Minister of Natural Resources, Vickram Bharrat – Three locations being considered, project to come on stream next year By Navendra SeorajCLOSE to 2,000 acres of land is required for the construction of a power plant to facilitate the potential gas-to-energy project, which is set to come on stream next year.Part of the plan by the […]

Petroleum task force to explore gas to shore

Minister of Natural Resources, Hon. Vickram Bharrat says a petroleum task force will soon be set up and will explore the possibilities of bringing natural gas to shore as the administration advances its plans to diversify and expand power supply.   “They will look at the previous study to see how it fits into our policies […]

Petroleum task force to explore gas to shore

Minister of Natural Resources, Hon. Vickram Bharrat Minister of Natural Resources, Hon. Vickram Bharrat says a petroleum task force will soon be set up and will explore the possibilities of bringing natural gas to shore as the administration advances its plans to diversify and expand power supply.   “They will look at the previous study to […]