Latest update January 6th, 2026 12:28 AM
Jan 05, 2026 News
(Kaieteur News) – As the Gas-to-Energy (GTE) project continues to drag to the finish line, with the initiative now likely for completion in the final quarter of 2026, plans to monetise the gas have also been pushed back.
On Sunday, government announced that it extended the Request For Proposals (RFP) for the Guyana Gas Bottling and Logistics Company (GGBLC), which is expected to receive cooking gas from the Guyana Power and Gas Inc (GPGI). Bids will now be opened on February 19, 2026 instead of January 15. Government said GGBLC is targeting reduced price of domestic cooking gas. Following the submission of bids or proposals, the National Procurement and Tender Administration Board (NPTAB) will assess the applications made to ensure the requirements are met.
Notably, the power company will commence operations upon completion of the Wales power plant, which is still under construction.
The 300-megawatt power plant and Natural Gas Liquids (NGL) facility will be powered by gas received through a 12-inch pipeline, supplied from the Liza One and Liza Two projects offshore. The pipeline component was completed by the Stabroek Block operator, ExxonMobil Guyana since December 2024.
In addition to the Gas Bottling and Logistics Company, the GoG also extended the deadline for submission of proposals for the Guyana Ammonia and Urea Plant (GAUP).
This project will be developed through a public-private partnership model, where government is aiming to manufacture 300,000 tons of fertiliser per annum, commencing between 2027- 2028.
It will utilise gas from phase two of the Wales pipeline, according to the Prime Minister’s Office. Based on preliminary EPC proposals received to date, government pointed out that the project cost is not expected to exceed US$300M. The Guyana Ammonia and Urea Plant is to be built at Wales, West Bank Demerara, east of the GTE Combined Cycle Power Plant and NGL Facility. GAUP will also receive lean gas from Guyana Power and Gas Inc.
Deadline for submission of RFPs have been extended from January 22, 2026 to March 5, 2026. Last week President Irfaan Ali announced another timeline for the completion of the long-awaited GTE project, which according to government will reduce the cost of electricity by 50%.
The project has failed to meet several deadlines so far, as completion was targeted since the second quarter of 2025. It was then announced by Head of the GTE Taskforce that the first half of 2026 was a more “realistic timeline” however, the gas project was still unable to meet that deadline. The President now expects to deliver his promise of cheaper electricity before the end of 2026.
Back in 2022, government hired CH4 (Texas) and Lindsayca (Puerto Rico) for the construction of the power plant and NGL facility at a cost of US$759 million. However, the companies have split-up and Lindsayca is completing the project.
The GTE project has faced significant delays due to ground instability. Chairman of Lindsayca, Nelson Drake, had revealed that a staggering US$100 million was spent to stabilise the unstable soil at the project site, a challenge that set the massive undertaking back by 14 months. He had outlined that the project’s timeline was severely impacted by unexpected ground liquefaction at the West Bank Demerara site.
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