US-based group Lindsayca-CH4 said two state-of-the-art steam turbines and two oil tanks arrived in Guyana on December 21, 2024.
The infrastructure, the group said, are critical components for the Gas-to-Energy project. “These assets have been safely transported and will be stored at the warehouse, where they will remain until they’re ready to be installed,” Lindsayca-CH4 said in a December 24 LinkedIn post.
The Gas-to-Energy project aims to utilize offshore natural gas, extracted by ExxonMobil, which will be transported to shore at a rate of 50 million cubic feet per day. Exxon completed installation of a pipeline from the Liza field to Wales this year, shutting down the Liza Destiny and Liza Unity production vessels for 12 days each in July and August to facilitate the hook-up.
Lindsayca-CH4 is expected to complete construction on an integrated facility at Wales, including a 300 megawatts (MW) power plant and a natural gas liquids (NGL) processing plant, in 2025. The Guyana government contracted the group to build-out the facility at Wales, West Bank Demerara, for US$759 million.
The United States Export-Import Bank recently gave initial approval for a US$500 million loan to support the project, covering materials imported from the United States.
The Gas-to-Energy project is expected to facilitate a reduction in electricity costs by 50% and significantly cut carbon emissions by replacing heavy fuel oil as the country’s primary energy source.
Plans for a second phase are underway, with proposals from interested companies expected in January.
Read more about the project here: Guyana’s Gas-to-Energy project (The basics)
