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Only Western technologies will be used for gas-to-shore power plant

Vice President Bharrat Jagdeo on Friday announced that bids for the estimated US$700 million gas-to-shore power plant and Natural Gas Liquids (NGL) would have to be manufactured by one of two Western companies. He said bidders would have to propose using either Siemens or General Electric (GE) technologies, but he gave no reason for government deciding to limit its preferences ...

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Guyana, Trinidad, Suriname advancing energy cooperation

Guyana, and Trinidad and Tobago on Thursday agreed to begin mapping an energy strategy to maximise and integrate their natural gas reserves with those from Suriname and Brazil into the proposed South America energy corridor. Trinidad and Tobago’s Prime Minister Dr Keith Rowley said energy officials of his country, Guyana and Suriname would meet and produce  recommendations by the end ...

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US to assess Guyana’s hydropower potential

President Irfaan Ali on Thursday said the United States (US) would be assisting Guyana in jointly assessing its hydro-electricity generation capacity. He told the opening of a Latin America and Caribbean meeting of the International Solar Alliance (ISA) that is one of the outcomes of his recent one-week visit to Washington DC where he held talks with the US Department ...

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ExxonMobil faces increased fine for flaring

The ExxonMobil-led Esso Exploration and Production Guyana Limited (EEPGL) will have to be pay a higher fine of US$50 per tonne of carbon monoxide, up from US$30, if it breaches the flaring rules under its Environmental Protection Agency’s (EPA)-renewed five-year permit for the Liza 1 project in the Stabroek Block.  “The permit also goes further to require the Permit Holder ...

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New fuel exporters should form renewable energy fund

Barbados’ Prime Minister, Mia Mottley, on Tuesday proposed that new fossil fuel exporters like Guyana set aside at least 10 percent of their revenues into a fund for renewable energy, an idea that President Irfaan Ali said would require detailed study. “We believe that we should propose an accord among the new energy exporters to invest more than 10 percent ...

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Local Content law does not violate CARICOM single market rules- Attorney Datadin

Governing People’s Progressive Party (PPP) parliamentarian and Attorney-at-Law, Sanjeev Datadin on Thursday night dismissed concerns by the Caribbean Private Sector Organisation (CPSO) that Guyana’s Local Content law seemed to violate regional free trade rules. Mr. Datadin said the Local Content Act does not prohibit nationals from sister CARICOM member-nations from working in Guyana’s oil and gas sector but merely concretises ...

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CARICOM headquarters to supply Guyana Power and Light with solar-generated electricity

The Caribbean Community (CARICOM) headquarters will soon be providing solar-generated electricity to Guyana Power and Light (GPL), Secretary General Carl Barnett announced on Tuesday. She was speaking at the official commissioning of a 400 kilowatt  solar photovoltaic power generation plant and battery power conditioning system in the compound of the CARICOM headquarters at Liliendaal, Greater Georgetown. “This PV power generation ...

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ExxonMobil makes two more oil discoveries offshore Guyana

IRVING, Texas – ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838 meters) of water and is located approximately 11 miles (18 kilometers) northwest of the Liza field. ...

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GPL vows to intensify action against $5 billion annual electricity theft

The Guyana Power and Light’s Chief Executive Officer, Bharat Dindyal said the power company plans to intensify efforts to go after electricity thieves “We have actually resumed recently a focus on prosecuting people for electricity theft. That is going to be our major focus next year . We have to reintroduce that prosecution,” he told a news conference. He said ...

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Investors invited to kickstart Amaila Falls Hydropower station project

Projecting that he Guyana Power and Light (GPL) will require at least 465 megawatts of electricity by 2025, the Guyana government has taken steps to revive plans to construct the Amaila Falls Hydropower station. The Prime Minister’s office has issued a request for proposals, stating that government hopes that construction of the hydropower station will begin in 2022 and will ...

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