U.S. Export-Import Bank (EXIM) Chairman John Jovanovic will arrive in Guyana tomorrow for high-level meetings aimed at strengthening economic cooperation and reaffirming American support for the country’s landmark gas-to-energy project and future development initiatives.
During his visit, Chairman Jovanovic is scheduled to meet with President Dr. Irfaan Ali, the American Chamber of Commerce, and staff from Lindsayca Inc. — the Houston-based contractor executing the gas-to-energy project, which has received US$527 million in EXIM financing.
The gas-to-energy project is described as the largest infrastructure investment in Guyana’s history. Once completed, it is projected to double the country’s installed electricity capacity, reduce electricity costs by 50% for all Guyanese households and businesses, and cut carbon dioxide emissions by more than 460,000 tons annually. The project encompasses the construction of a natural gas separation plant, a 300-megawatt combined cycle gas turbine power plant, and a gas supply pipeline.
Lindsayca Inc. has been making significant progress on all components of the project, with the company’s expertise in energy infrastructure development seen as central to delivering the transformative results Guyana’s energy sector requires.
The EXIM Bank said the Chairman’s visit underscores the depth of the U.S.-Guyana partnership and the United States’ long-term commitment to supporting Guyana’s economic development and energy security through reliable, competitive, and transparent financing — with the visit also signalling openness to financing additional Guyanese development projects going forward.
