Govt invites investors for US$340M gas bottling, fertiliser facilities with 10% annual returns

– Guyanese including diaspora to be given preference

The Guyana Government is inviting investors, especially Guyanese, to support two major projects: the cooking gas bottling plant and the fertiliser facility, which will utilise natural gas that will be brought onshore via the Gas-to-Energy (GtE) Phase Two Project at Wales, West Bank Demerara (WBD).
This is in keeping with previous commitments by the Government to ensure that Guyanese citizens, both here and abroad, have a stake in major projects and actively participate in the country’s development. Now, the Government, through the Office of the Prime Minister (OPM), which has oversight for the energy sector, is inviting Preliminary Expressions of Interest (EoIs) from investors to be part of the entities that would be set up for these energy projects.

For the Guyana Ammonia and Urea Plant Inc (GAUP), which is pegged at US$300 million, the Government is targeting investments with a cap of US$5 million per investor. Additionally, the Guyana Gas Bottling and Logistics Company Inc. (GGBLC), which is estimated at US$40 million, has a cap of US$1 million per investor. However, it was noted that interested parties may indicate the maximum amounts they are willing to invest. Investors can assume a Government guarantee of a 10 per cent annual return on both projects. Moreover, both GAUP and GGBLC will be private companies and not publicly traded entities. While the Government is inviting all interested investors to apply, it noted that preference will be given to Guyanese investors, including those in the diaspora. It was further explained that this is only a preliminary Expression of Interest. Based on the response, the Government will then structure appropriate details of the investment and make a formal call for investments. The deadline for submission of interest will be May 15, 2026, and proposals must be sent to the National Procurement and Tender Administration Board (NPTAB).

Construction proposals
Meanwhile, earlier this year, the Guyana Government received 10 proposals each for the construction of the GAUP and GGBLC facilities. Prime Minister (PM) Brigadier (Ret’d) Mark Phillips, when contacted on Friday told the Guyana Times that the evaluation teams are currently being set up to review the proposals and shortlist the bidders for the construction of the gas bottling and fertiliser plants.
Among the 10 regional and international firms that submitted Engineering, Procurement, and Construction (EPC) proposals for the Ammonia and Urea Plant was United States (US)-based Lindsayca Guyana Inc. – the company that is constructing the highly anticipated GtE Project at Wales.
Also interested are: Trinidad-based Phoenix Welding & Fabricating Inc.; Ideal Engineering Services Inc., a locally registered company in consortium with Nigeria-based Montego Upstream Services Ltd.; Northern EPC Alliance (NEA), Lee Kieswetter Heavy Civil (LKHC), and Valor EPC of Canada; China CAMC Engineering Co. (CAMCE), China National Chemical Engineering Co. (CNCEC), and Dubai-based East Consulting Engineering Company (ECEC); China Railway First Group Co. Ltd and SEDIN Engineering Co. Ltd; Hualu Engineering & Technology Co. Ltd, and China National Machinery Import & Export Corporation; China Wuhan Engineering Corporation Limited; Japan-based Morimatsu, Arkad SpA of Italy, and Netherlands-based CC7 Europe; and Kalpataru Projects International Limited out of India.
According to the EPC document, interested companies will enter into a public-private partnership model, via the GAUP company, to manufacture 300,000 tonnes of fertiliser per annum, using no more than 20 million cubic feet per day (mmscfd) of gas.
The project, which is expected to be ready by 2027/2028 when the GtE Phase Two comes on stream, will manufacture and sell fertiliser with the aim of lowering fertiliser prices for Guyana and the broader region, including northern Brazil and the Caribbean. On the other hand, EPC proposals for the cooking gas bottling facility in Guyana were received from: local company Guygas in a joint venture with Makeen Energy out of Denmark and the Indian-headquartered Ramco Industries; Lindsayca Inc.; Trinidad-based Massy Gas Products; Sol Guyana Inc. – part of the Caribbean operator Sol Group; French-owned Rubis Guyana Inc.; Indian-based Divyan International Inc. (Guyana); Gas Zipa SASESP ( Colombia ) JV Fix It Depot and Standard Energy Company; Gate Ventures and Consulting Guyana Inc in consortium with Propak Systems Limited (Canada) and Makeen Energy (Denmark); ILF Consulting Engineering Inc. India in collaboration with MAHAPREIT (Mahatma Phule Renewable and Infrastructure Technology Limited); and BB Energy (BBE) and Dec Ogeco (Ogeco) (Singapore).
Based on the EPC document, the proposed GGBLC, under the same public-private partnership model, will bottle, transport and distribute cooking gas for domestic use. The objective of GGBL is to lower the price of domestic cooking gas. Through the GtE Project, the Guyana Government is looking to significantly lower the price of cooking gas by piping natural gas from offshore operations to the Wales, WBD, site where the Natural Gas Liquids (NGL) facility and power plant are currently under construction and will utilise the rich gas from ongoing oil operations in the Stabroek Block offshore Guyana. Already, some 250 kilometres (km) of 12-inch pipelines have been laid to bring the gas onshore by this year-end. However, only 40 per cent of the pipeline’s capacity will be used by this first phase of the GtE Project to gas up the power plant and NGL facility, bringing 50 million standard cubic feet per day (mmscfd) of dry gas.
With the pipelines having the capacity to push as much as 120 mmscfd of gas, the Government is moving ahead with Phase Two of the GtE Project that will utilise the remaining 60 per cent capacity of the pipeline to bring additional gas onshore.
The GtE Phase Two will see the construction of another 300-megawatt (MW) power plant and NGL facility at the Wales site, using only 20 mmscfd. With the remaining natural gas available, the Government is planning to set up the gas bottling and fertiliser projects at the Wales site.