Press Release: OPM dismisses misleading report: Gas-to-Energy project advancing swiftly

The Government notes an article in Kaieteur News on 3rd April titled: “Government secretly paid US$80 M to Wales Gas plant contractor after losing arbitration.”

There are no secret payments made to the Contractor. All payments are made via the Consolidated Fund and reported to Parliament.

For the record, the Parties have not advanced the arbitration process and as such there is no arbitration ruling. Arbitration continues to be an option available to the Parties.  It is therefore incorrect to suggest that the GoG has lost the arbitration. It may be recalled that in January 2025, the Dispute Avoidance/Adjudication Board (DAAB) made decisions which both parties were dissatisfied with. In March 2025, both Parties signaled their intent to go to arbitration and notified the members of the DAAB.  It has been publicly stated that DAAB decisions are confidential. As such, neither party can speak to its contents.

In mid-2025, the Contractor consortium changed. The Houston based US company Lindsayca, acquired the shareholding held by CH4 Systems LLC, such that Lindsayca now controls 100% of the project company, renamed Lindsayca Guyana Inc.

From late 2025, Lindsayca has advanced construction and successfully delivered much of the major equipment to the site, accessing the site successfully via the Material Offloading Facility (MOF) and Heavy Haul Road (HHR). At the current time, over 8,000 piles have been installed and over 18,000 cubic meters of foundations poured.  800 persons are currently engaged at the Wales job site.  Work on many aspects of the construction is proceeding on a 24-hour basis. The Contractor has successfully commissioned on-site accommodations for over 400 workers.

The job site is quite active.  All 4 gas turbines have been placed on foundation.  All transformers for the substation have been placed on foundation.  Pipe racks to move the gas to the NGL facility and power plant are being placed on foundation.  NGL bullet tanks have started arriving at the site.

Issued by: Office of the Prime Minister.

CATEGORIES
TAGS