Energy

Former electricity minister, David Patterson on Friday assailed the People’s Progressive Party Civic (PPPC) administration for wasting US$426 million on renting two electricity supply ships over the next two years instead of buying new generators for the state-owned Guyana Power and Light (GPL), Inc. He reminded that A Partnership for National Unity+Alliance For Change (APNU+AFC) administration had purchased 46 megawatts ...

United States (U.S.) Ambassador to Guyana, Nicole Theriot this week talked up the Wales gas-to-energy project as a pathway to cleaner energy, and sent a strong signal that the American government was poised to approve a loan for the 300 megawatt natural gas-fired power plant. “We’re literally this close to finalising the EXIM loan that underpins the project,” she told ...

Vice President Bharrat Jagdeo 0n Thursday said the United States’s Export-Import (EXIM) Bank has informed Guyana that it has received environmental and technical reports showing that the US$756 million dollar electricity and natural gas liquids plants are “sound”. “They have examined all the technical stuff. That is the drawings and everything else for the project. They have satisfied themselves that ...

Trinidad and Tobago’s state-owned National Energy Company (NEC) has raked in profits ten times its expenses of setting up business in Guyana, that twin-island nation’s Energy Minister Stuart Young said Monday. Responding to questions in the Senate, he said the company earned US$5.3 million (TT$36,262,827). He detailed that NEC earned TT$350,000 (US$51,564.) for technical services, and TT$35,912, 363 (US$5,291,298) for ...

Leader of the People’s National Congress Reform (PNCR), Aubrey Norton said if his party wins next year’s general and regional elections, efforts would be made to ensure the state-owned electricity and water companies become profitable and weaned off government subsidies. “I do believe if GPL (Guyana Power and Light) is properly managed, then we can remove the subsidy. Our approach ...

Guyana is among several Caribbean countries that would be sending personnel to Jamaica to help that island restore electricity to several areas that are still without electricity about two weeks since Hurricane Beryl struck, officials said Wednesday. Prime Minister Mark Phillips told Demerara Waves Online News that “we are sending five linesmen to assist with electrical network repairs.” He said ...

India is providing a US$2.5 million line of credit to construct a 3 megawatt solar farm for Guyana’s Cheddi Jagan International Airport (CJIA), Chief Executive Officer of the Guyana Energy Agency (GEA), Dr Mahender Sharma said Monday. “The proposed capacity of the solar photovoltaic (PV ) project, when it starts operation, can supply about 4.5 million units of electricity annually,” ...

A slack illegal electricity connection on Saturday caused a fire that destroyed a shack and severely damaged a house next door in East Ruimveldt squatting area, the Guyana Fire Service (GFS) said. “The purported cause of the fire was identified as a slack connection of illegal wiring, which resulted in arcing and sparking, subsequently igniting nearby combustible material,” the GFS ...

ExxonMobil Guyana hopes that the floating production, storage and offloading (FPSO) vessel can produce more than the current output of 252,000 barrels per day, company President Alistair Routledge said Tuesday. He says ExxonMobil, the operator in the Stabroek Block will seize the opportunity of installing gas risers for the gas-to-shore energy pipeline to make some adjustments to that FPSO. “Part ...

Vice President Bharrat Jagdeo on Thursday assured Guyanese that they would not be paying more for electricity, although government is leasing a 36 megawatt electricity generation ship. “There will be no increase in the price for electricity because of this rental,” he told a news conference. Mr Jagdeo explained that under the deal with Urbacon Concessions Investment (UCI), the state-owned ...