With the aim of gaining a deeper understanding of the Gas-To-Energy project in Guyana, more than 30 participants of the Guyana delegation conducted a facility tour of the US-consortium, Lindsayca/CH4 (LNDCH4), in Houston.
During the visit, the Guyana delegation, along with representatives of the US Embassy in Guyana, had the opportunity to meet the senior leadership of LNDCH4 which included Mr. Hector Fuentes, the President of Lindsayca and Mr. Nelson Drake, the Chairman of LNDCH4.
They were also provided with an overview of the project which included insights into other projects done worldwide, the timeline of the project in Guyana, and the procurement opportunities.
Mr. Nelson Drake explained, “Although we are a US-consortium, our aim is to use as much local content as possible in Guyana. In addition to engaging services from businesses in Guyana, we also aim to hire approximately 1,500 – 2,000 people in-country.”
Mr. Maniram Prashad, Founder/President of the Guyana Oil & Gas Energy Chamber (GOGEC) said, “We are pleased to see the approach that LNDCH4 has taken in sensitizing the business community, engaging in such an informative and transparent manner, and explaining the various opportunities that will be available for Guyanese businesses. We feel confident that this project will be transformational for Guyana.”
Mr. Nayteram Ramnarine, the Economist of the Private Sector Commission (PSC), said, “This trip provided valuable insight into the timelines and processes involved in developing the Gas-To-Energy plant in our country. As an economist for the PSC, I am committed to ensuring that all businesses within our organization are fully prepared to capitalize on the opportunities that will arise from this project.”
Ms. Kathy Smith, the Executive Secretary of the Georgetown Chamber of Commerce & Industry (GCCI), said, “The presentation given highlighted the phases of the project towards production of reliable and cost-effective source of energy for power generation, thereby reducing electricity costs and improving energy security. Also important is job and local partnership opportunities that will spur economic growth, particularly in the West Coast Demerara region.”
