Phoenix Park Gas Processors Limited (PPGPL) and local partner GuyGas Inc have been selected as the preferred bidders to operate and maintain a natural gas liquids plant that forms part of the Gas-to-Energy project.
A release from the Prime Minister’s Office said Cabinet has given the go-ahead to begin negotiations with the firms, following a public tender process launched in January 2025. Five proposals were submitted and evaluated on technical and financial criteria, with the PPGPL-led bid ranking first.
PPGPL, a regional natural gas liquids operator, will serve as lead operator, while GuyGas will act as local partner to support skills transfer to Guyanese workers, the release said.
The natural gas liquids plant is part of an integrated facility near Georgetown that will process associated gas piped ashore from the offshore Stabroek Block, run by Exxon Mobil Corp, to generate cheaper electricity and recover propane, butane and other liquids for sale at home and abroad. Start-up is targeted for the first quarter of 2027.
Siemens Energy has separately been selected to operate and maintain the project’s 300-megawatt power plant and will have overall responsibility for coordinating operations across the integrated facility, the release said.
The arrangements with both companies remain subject to further legal and technical review, including by the Ministry of Legal Affairs, before contracts are signed.
The release said the agreement covers only operations and maintenance of the plant, and does not extend to LPG bottling, marketing of gas liquids, or related storage facilities, which are being handled through separate processes.
