The Guyana Government will be implementing its first gas to energy project in early 2021 and it hopes to supply the entire country with cooking gas, according to Vice President, Bharrat Jagdeo.
Jagdeo, during a press conference at the Arthur Chung Conference Centre on Friday, said: “We’ve already started working on the gas to energy project, we’ve been defining the parameters, we’ve had several meetings with ExxonMobil and now I think we are clearer on the parameters we want –two to 250 megawatts of power.”
The Vice President said the aim is to transport sufficient gas from the petroleum operations on the Stabroek block to supply 200-250 megawatts of energy to the national grid. He said this will see a reduction in the price of electricity.
Further, the government is looking to supply the entire country with cooking gas (Liquefied Petroleum).
“We’re hoping that we’ll have a three years time-span,” for the project, Jagdeo said.
The government has set up a gas to shore advisory committee headed by former Chief Executive Officer of the National Industrial and Commercial Investments Limited (NICIL), Winston Brassington.
President Irfaan Ali recently stated that the committee is currently doing its groundwork before moving to strong negotiations. The government has not disclosed where it will land the natural gas pipeline.
The former administration had identified Clonbrook, Mahaica on the East Coast of Demerara but placed the cost of doing this at US$304 million at least.
