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Tag Archives: Export-Import Bank

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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