Guyana’s Gas-to-Energy (GtE) project is moving from planning into execution, positioning natural gas from the prolific Stabroek Block as a driver of domestic power generation and industrial development. The project includes a ~250‑km high-pressure pipeline from offshore fields to land, a 300 MW combined-cycle gas turbine power plant paired with a Natural Gas Liquids (NGL) facility, and upgraded transmission infrastructure, including 230 kV and 69 kV lines, substations, and a national control center. Completion is slated for mid-2026.
By September 2025, the first gas turbine base had been completed, marking a key milestone for the power plant. Construction near Wales, Region Three, has accelerated, with new foundations and living quarters for 400 additional workers operating 12-hour shifts. Overall, the project is reported to be roughly 68% complete, with the power plant itself about 74% done.
The pipeline, laid by ExxonMobil Guyana in late 2024, is currently maintained in “preservation mode,” filled with nitrogen to prevent corrosion, and ready to deliver gas once the plant is operational. Siemens Energy has been shortlisted to operate the facility, reflecting Guyana’s commitment to international operational standards.
Beyond construction, GtE is expected to have direct impacts on energy costs and industrial capacity. Domestic electricity prices could fall by as much as 50%, while reliance on imported heavy-fuel oil may be phased out. Reliable, lower-cost power is anticipated to attract industry, stimulate local manufacturing and support export-oriented production – creating jobs and driving broader economic development.
The project has emphasized transparency, with all major components – pipeline, power plant, NGL facility, transmission lines and control infrastructure – awarded through open, competitive tenders. The total estimated cost is around $2 billion, representing a major public and private investment in domestic energy infrastructure.
GtE’s timing aligns with Caribbean Energy Week (CEW 2026) in Paramaribo, Suriname, a key forum for policymakers, energy companies and investors exploring opportunities across hydrocarbons, renewables, power infrastructure and industrial development. As Guyana’s flagship gas-to-energy project, GtE offers a concrete demonstration of how offshore gas can be leveraged not just for domestic energy security, but to catalyze industrial growth, regional integration and market-ready investment opportunities.
If completed on schedule, GtE could mark a turning point in Guyana’s economic model – shifting from an oil-export economy toward a more diversified, industrial-oriented framework. By bringing offshore gas onshore and converting it into electricity and NGLs, the project is expected to support energy-intensive industries, stimulate local manufacturing and expand export-oriented production. For investors and stakeholders at CEW, GtE illustrates concrete entry points for gas-related investment, including power generation, downstream industrial projects and infrastructure-linked opportunities.
In the broader Caribbean and Latin American context, GtE provides a blueprint for energy-driven industrial growth, transparent procurement and strategic resource utilization. It demonstrates how gas-to-power infrastructure can reduce energy costs, strengthen national capacity and attract investment in manufacturing and other sectors – offering a model likely to guide policy and investment decisions across the region.
Join us in shaping the future of Caribbean energy. To participate in this landmark event, please contact sales@energycapitalpower.com.