The Government of Guyana and contractor Lindsayca Guyana Inc. have not advanced arbitration in the Wales Gas-to-Energy project, the Office of the President (OPM) said on Tuesday, dismissing recent claims of secret payments to the contractor.
“All payments are made via the Consolidated Fund and reported to Parliament,” the OPM said, responding to an article published by Kaieteur News on April 3, which alleged that the government secretly paid US$80 million to the contractor after losing arbitration.
The government clarified that no arbitration ruling has been issued. In January 2025, the Dispute Avoidance/Adjudication Board (DAAB) issued decisions that both parties found unsatisfactory. In March 2025, the parties signalled their intent to move to arbitration and notified the DAAB, whose decisions remain confidential.
The OPM also noted that in mid-2025, the contractor consortium changed ownership. Houston-based Lindsayca acquired 100% of the project company, previously held by CH4 Systems LLC, and renamed it Lindsayca Guyana Inc.
Construction has since advanced rapidly. Over 8,000 piles have been installed and more than 18,000 cubic metres of foundations poured. Around 800 workers are currently engaged on the site, with major equipment successfully delivered and installed. All four gas turbines and substation transformers have been placed on foundations, pipe racks for gas transport are being installed, and NGL bullet tanks have begun arriving. On-site accommodations for over 400 workers have also been commissioned.
The OPM said the project is progressing on a 24-hour construction schedule, countering claims of delays or secret payments.
