Energy mixer encourages industry leaders to network, collaborate
The Energy Sub-Committee of the American Chamber of Commerce of Guyana hosted “Energy Exchange: An AmCham Guyana Energy Mixer” on Monday at the Guyana Marriott Hotel, with AmCham acting as a catalyst for networking and collaboration in the energy sector.
The event brought together AmCham Guyana’s membership, industry leaders and key stakeholders within Guyana’s energy sector, providing a platform for discussions, information exchange and networking.
In attendance were Prime Minister Brigadier (Ret’d) Mark Phillips; Minister within the Public Works Ministry Deodat Indar; Deputy Chief of Mission at the US Embassy in Georgetown Adrienne Galanek, Member of the US Embassy’s commercial arm, Chief Executive Officer of the Guyana Energy Agency, Dr Mahender Sharma; Investment Officer at the Guyana Office for Investment Kegan Howard and representatives from the Environmental Protection Agency.
In his address, the Prime Minister highlighted the importance of pursuing sustainable energy as part of Guyana’s development, noting that “If we are to transform Guyana, we need to have energy security.”
Meanwhile, Indar briefed attendees on the imminent gas-to-energy project and the necessary infrastructure that will be built to support its operations, reinforcing the Government’s commitment to reducing electricity costs.
The multibillion-dollar project includes the construction of an integrated Natural Gas Liquid (NGL) plant and a 300-megawatt (MW) combined cycle power plant at Wales, West Bank Demerara, and aims to reduce the cost of energy by at least 50 per cent through an energy mix, thereby potentially saving Guyana US$150 million on power generation annually.
Indar clarified that this diversified energy mix will benefit both the coast as well as hinterland and riverine communities.
“AmCham Guyana is committed to providing its members and the wider business community with opportunities to connect, network, and build relationships, enabling them to stay at the forefront of developments in the energy sector and drive sustainable growth in Guyana’s business landscape,” an AmCham press statement shared.
“The participation of industry leaders and Government representatives reaffirmed the importance of collaboration and cooperation in driving Guyana’s energy sector forward,” it added.
Chair of AmCham’s Energy Sub-Committee Shyam Nokta and President of AmCham Devindra Kissoon noted that the first-of-its-kind event provided an invaluable platform for energy leaders to exchange ideas and allow persons to meet in a non-business setting.
Also present at the AmCham event were representatives from member companies, including ExxonMobil Guyana, Baker Hughes, MACORP, Halliburton, Mid Atlantic Oil and Gas, Guyana Logistics and Support Services, Expro Guyana, Scotiabank, Excel Guyana, N&S Algoo, PS Shipping & Customs Brokerage, BM Enterprise, Kojac, IRP Fire and Safety Guyana, Praetorian Executive Protection Services, TechnipFMC Guyana, ActionINVEST Caribbean, Arrow Oilfield Services, M Sookhai & Co, Bechtel Limited, V-Net Communications, MBW Energy Support Services, Republic Bank Guyana Limited and Guyana Oil & Gas Support Services.