Vice President Dr. Bharrat Jagdeo has responded to efforts aimed at blocking the US EXIM Bank’s funding for the Gas-to-Energy project in Guyana. The country had sought a US$646 million loan from the US EXIM Bank to finance the project, which involves constructing an integrated natural gas liquid plant. International lawyer and activist Melinda Janki […]
In a significant move aimed at lowering electricity costs and meeting the country’s growing energy needs, Guyana’s Budget 2024 allocates a substantial $80 billion for the advancement of the Wales Gas-to-Energy project. Finance Minister Dr. Ashni Singh emphasizes the transformative nature of this project, asserting its place as the single most impactful initiative in Guyana’s […]
Preparations are in full swing for the upcoming Guyana Energy Conference and Supply Chain Expo 2024, scheduled for next month. Public Works Minister Juan Edghill emphasized that the event aims to provide all Guyanese with an opportunity to engage in the energy sector. During a discussion on ‘Energy Perspectives,’ Minister Edghill encouraged local small and […]
Vice President Dr. Bharrat Jagdeo announced that the Guyanese government is exploring the possibility of developing an additional energy project alongside the gas-to-shore initiative. This move is driven by the anticipated surge in energy demand, particularly from the construction of factories and hotels, among other developments. As the government finalizes the gas strategy to ensure […]
The Guyanese government is actively considering the construction of an oil refinery, engaging with potential investors to assess the viability of such a project. Vice President Dr. Bharrat Jagdeo provided insights during a recent press conference, stating that discussions have progressed significantly, narrowing down the list of potential contractors to about five. Among the parties […]
Despite only starting oil production four years ago, Guyana’s energy policies have positioned the country’s oil industry as one of the best-managed globally, according to the assessment of Dr. Bharrat Jagdeo, General Secretary of the People’s Progressive Party. In an interview with NCN reporter, Josiah Williams, Dr. Jagdeo highlighted the international recognition received by Guyana […]
The Gas-to-Energy project at Wales, West Bank Demerara, is advancing, and Dr. Bharrat Jagdeo, General Secretary of the People’s Progressive Party (PPP/C), expresses confidence in securing funding from the United States Ex-Im Bank. During a recent press conference at Freedom House, Dr. Jagdeo assured Guyanese that the Gas-to-Energy project is making significant strides. The project, […]
With the arrival of new generators and transformers for the Guyana Power and Light (GPL), the government is actively pushing for the company to ensure an additional power supply by Christmas. Dr. Bharrat Jagdeo, General Secretary of the PPP, addressed concerns about delays in the arrival and installation of the equipment. GPL has acquired 17 […]
The Guyana government, through People’s Progressive Party (PPP) General Secretary Dr. Bharrat Jagdeo, has voiced disappointment in the outcomes of the United Nations Framework Convention on Climate Change’s COP28 conference. The conference concluded recently, and Dr. Jagdeo highlighted several concerns. While acknowledging some progress in discussions on mitigating climate change, Dr. Jagdeo expressed displeasure that […]
Vice President Dr. Bharrat Jagdeo reassured citizens that the government is actively working at the diplomatic and defense levels to safeguard investments in the Essequibo region. Despite threats from Venezuela, the Vice President emphasized that there would be no pause in Guyana’s oil development. Maduro’s announcement of plans to set up a temporary government in […]