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Guyana's GTE Project to Reach 300MW Capacity by Mid-2027, Delaying Electricity Cost Reductions

NATURAL GAS

The Gas-to-Energy (GTE) project in Guyana will not reach its full capacity of 300 megawatts until mid-2027, as revealed by consultant Winston Brassington. The contractor, Lindsayca, is expected to deliver 228MW from a simple-cycle configuration by the end of 2026.

The full 300MW output will only be available in 2027, raising concerns about the government's commitment to cut electricity costs by 50%. Additionally, Phase Two of the GTE project will start this year, with plans for a Natural Gas Liquids plant and expansion to 600MW. Five firms have been prequalified to bid for this phase, which will develop the Wales Industrial Estate.

Guyana's GTE Project to Reach 300MW Capacity by Mid-2027, Delaying Electricity Cost Reductions
Feb 21, 2026, 2:09 PM

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