The Government of Guyana is seeking proposals for a 100% privately-owned facility that will allow the country to utilise the natural gas produced locally.
The Request for Proposals was published in at least one daily newspaper on Sunday, a day after Guyana’s President, Dr. Irfaan Ali said the government would seek those proposals.
According to the RFP, the Ministry of Natural Resources is seeking an investor to design, finance, construct and operate the “required gas infrastructure to support upstream developments” in Guyana.
The open-access facility the government is eyeing should include the necessary pipelines to connect, as needed, to other infrastructure to monetise upstream gas resources.
“This project will be strictly financed and owned 100% by the private sector,” the RFP stated.
It added, “As part of this RFP process, the selected Applicant, if any, with the most optimum solution for the Project, will have exclusively to negotiate with the GoG for its entitlement of gas to ensure the viability of the Project and the overall value chain.”
The RFP also noted that the developer must demonstrate its capability and credibility to execute such a project, a site plan for the project, provide a summarised and detailed project schedule, demonstrate project costs and a project structure diagram and other details.
The deadline for submissions is February 27, 2024.
Already, the government is forging ahead with plans for a Gas-to-Energy project at Wales, West Bank Demerara. That facility will take natural gas produced in the prolific Stabroek Block offshore Guyana and convert it into cheaper electricity. It is expected that other products such as cooking gas may be produced.
