The joint venture, United States-based Lindsayca and CH4 Systems out of Puerto Rico, have filed an additional almost US$50 million in claims for soil stabilisation at the Wales, West Bank Demerara site for the natural gas power plant and natural gas liquids plant, a senior official said Friday. Speaking briefly with reporters, LINDCH4 General Manager, Humberto López said there were ...
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U.S. EXIM Bank issues “final” approval of US$500 million loan for gas-to-energy project, says will reduce greenhouse gases
The Export-Import Bank of the United States (EXIM Bank) on Thursday approved a loan of US$$526,873,240 to Guyana for the construction of the natural gas-to-energy plant at Wales, West Bank Demerara, saying the project would reduce the amount of greenhouse gas emissions into the atmosphere. EXIM Bank said without this gas-to-energy project, Guyana will continue to import fuel oil, one ...
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