<\/p>\n
The Export-Import Bank of the United States (US Exim) has approved a US$527mn loan to help US companies develop a gas-to-energy project in Guyana.<\/p>\n
The financing, disbursed to Guyana\u2019s Ministry of Finance, will be used to construct a natural gas separation plant and a 300MW gas power plant, and will also fund services related to the gas pipeline supplying the plants.<\/p>\n
US Exim says the project will double Guyana\u2019s installed electric capacity and help the South American country transition away from the use of imported fuel oil as a power source, resulting in a reduction of more than 460,000 tonnes of CO2 each year.<\/p>\n
The project secured preliminary approval from the bank in late November following a \u201clong\u201d due diligence process, despite ongoing objections from climate campaigners and NGOs over US Exim\u2019s continued funding of oil and gas.<\/p>\n
More than a dozen US companies are involved in the project, which includes the creation of a joint venture between Texas-based energy solutions company Lindsayca and Puerto Rican engineering and project management company CH4 Systems.<\/p>\n
Any other information on the current or potential project related to the term and rate of financing cannot be disclosed due to confidentiality.<\/p>\n
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The Export-Import Bank of the United States (US Exim) has approved a US$527mn loan to help US companies develop a gas-to-energy project in Guyana. The financing, disbursed to Guyana\u2019s Ministry of Finance, will be used to construct a natural gas separation plant and a 300MW gas power plant, and will also fund services related to […]<\/p>\n","protected":false},"author":1,"featured_media":3174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/01\/US-Exim-1-1140x445.webp",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/01\/US-Exim-1-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/01\/US-Exim-1-300x200.webp",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/01\/US-Exim-1.webp",1160,773,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=3173"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3173\/revisions"}],"predecessor-version":[{"id":3175,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3173\/revisions\/3175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/3174"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=3173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=3173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=3173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}