Commercial Negotiator being sought for Guyana’s US$900M Gas-to-Shore Project

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In an effort to ensure Guyana’s US$900M gas-to-shore project is properly implemented, the Ministry of Natural Resources is actively searching for a Commercial Negotiator.

According to procurement documents seen by OilNOW, the successful applicant would be required to support the Ministry of Natural Resources and the Gas to Power Task Force on the development of Heads of Terms (HoT)/Term Sheets with the operator for Gas, Natural Gas Liquids (NGLs), and condensate.  The Consultant would also be expected to provide a Commercial Strategy for the Wales Industrial Zone including a Gas Sales Agreement (GSA), Power Purchase Agreement (PPA) and waste heat sale/allocation.

Cost of gas to power project will be ‘very small percentage’ of Stabroek Block ‘cost pool’ – Ramnarine

The Government will also require that the applicant work on Midstream legislation-Gas code and provide constructs for the transfer of knowledge, including mentoring arrangements, to Guyanese lawyers within the Petroleum Management Department, Attorney General’s Office, and other ministries/agencies as identified by the Petroleum Management Department, on legal aspects of the petroleum industry.

Further to this, the Ministry is asking that the Consultant be capable of providing advisory services and technical support on legal and regulatory frameworks for the oil and gas sector to the Government of Guyana, through the Petroleum Management Department of the Ministry of Natural Resources. In particular, the consultant would be required to provide a holistic review of the Petroleum Act.

Furthermore, the Consultant’s responsibilities will also include providing general advice on legal and contractual matters arising from the administration/management of existing Petroleum Agreement(s), including matters concerning sales agreements, assignments, terminations, events of default, force majeure, disputes, dispute resolution, and cost recovery audits, etc.

Over 20 locations were examined for gas to power project and multiple studies conducted, government affirms

Along with a Commercial Negotiator, the government is looking for Consultants on Petroleum Data Management for Transparency, Procurement Process Review – Oil field Services and Equipment (OFSE), and Value Engineering.

The government’s US$900M gas project will see an eco-friendly industrial park being established on just over 10,000 acres of land at Wales on the West Bank of Demerara. It is expected to come on stream by 2024. According to Finance Minister, Dr. Ashni Singh, the project is expected to create approximately 3000 jobs.

Along with the tenders for key experts, consulting services are being procured to conduct geotechnical, geophysical, environmental impact, and Light Detection and Ranging (LIDAR) studies to determine the location and the right route for the gas line that would terminate at Crane. Those studies will also be instrumental in determining how the drying facilities, cogeneration plant, and essential petrochemical industries would be situated across Wales.

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