{"id":16576,"date":"2024-02-13T19:21:44","date_gmt":"2024-02-13T19:21:44","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=16576"},"modified":"2024-02-13T19:21:44","modified_gmt":"2024-02-13T19:21:44","slug":"vice-president-jagdeo-affirms-gas-to-energy-project-amid-opposition","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/vice-president-jagdeo-affirms-gas-to-energy-project-amid-opposition\/","title":{"rendered":"Vice President Jagdeo Affirms Gas-to-Energy Project Amid Opposition"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p><strong><em>By Josiah Williams<\/em><\/strong><\/p>\n\n\n\n<p>Vice President Dr. Bharrat Jagdeo reaffirmed the government&#8217;s commitment to moving forward with the Gas-to-Energy project, despite objections from political opposition and private entities. <\/p>\n\n\n\n<p>Dr. Jagdeo emphasized the viability and immense benefits of the Gas-to-Energy project for the entire country, dismissing attempts to stymie its development. <\/p>\n\n\n\n<p>He assured that funding for the project is not an issue, with an estimated cost of $646 million US dollars. <\/p>\n\n\n\n<p>The government anticipates approval of the loan from the US Export Import Bank, expressing confidence in the progress of negotiations.<\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/02\/Josiah-Jagdeo-GTE-1.mp3\"><\/audio><\/figure>\n\n\n\n<p>The project, a collaboration between the Government of Guyana, ExxonMobil, and other contractors, entails bringing gas from the Liza field offshore via pipelines to an integrated gas processing facility. <\/p>\n\n\n\n<p>This facility includes a 300-megawatt power plant and a natural gas separation plant, aiming to enhance energy production in the country.<\/p>\n\n\n\n<p>Dr. Jagdeo mentioned ongoing negotiations to finalize the Gas Sharing Agreement with ExxonMobil, highlighting that the gas will be provided at no cost. <\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2024\/02\/Josiah-Jagdeo-GTE-2.mp3\"><\/audio><\/figure>\n\n\n\n<p>He expressed optimism in reaching an agreement soon, indicating that the negotiation process is straightforward and nearing conclusion.<\/p>\n\n\n\n<p>The Gas-to-Energy project will be situated at Wales on the West Bank of Demerara and is expected to significantly reduce the cost of electricity by up to 50 percent once operational.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Josiah Williams Vice President Dr. Bharrat Jagdeo reaffirmed the government&#8217;s commitment to moving forward with the Gas-to-Energy project, despite objections from political opposition and private entities. Dr. Jagdeo emphasized&hellip;<\/p>\n","protected":false},"author":4,"featured_media":16330,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[360,350],"tags":[],"class_list":["post-16576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=16576"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16576\/revisions"}],"predecessor-version":[{"id":16579,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/16576\/revisions\/16579"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/16330"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=16576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=16576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=16576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}