Guyana’s Gas-to-Energy (GtE) project is transitioning from the drawing board to reality, with natural gas from the Stabroek Block set to transform the country’s power generation and industrial landscape. The project, encompassing a 250-kilometer high-pressure pipeline, a 300 MW combined-cycle gas turbine power plant, and upgraded transmission infrastructure, is on track for completion by mid-2026. With the first gas turbine base completed by September 2025 and construction accelerating, the project is now 68% complete, with the power plant itself at 74%.
The pipeline, laid by ExxonMobil Guyana in late 2024, is currently 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, underscoring Guyana’s commitment to international operational standards. The project’s transparent procurement process, with all major components awarded through open, competitive tenders, has ensured accountability and attracted international investors.
Beyond construction, GtE is poised to significantly impact energy costs and industrial capacity. Domestic electricity prices could drop by up to 50%, and reliance on imported heavy-fuel oil may be phased out. Reliable, lower-cost power is expected to attract industry, stimulate local manufacturing, and support export-oriented production, creating jobs and driving broader economic development.
The timing of GtE aligns with Caribbean Energy Week (CEW 2026) in Paramaribo, Suriname, a crucial 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 for domestic energy security and industrial growth, catalyzing 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 Natural Gas Liquids (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. As Guyana’s GtE project advances, it sets a precedent for leveraging natural resources to drive economic diversification and industrial development, potentially reshaping the energy landscape of the Caribbean and beyond.