How Guyana Plans to Turn Its Gas Into an Industry That Outlasts Oil

Energy & Commodities · Guyana

—The bet. Guyana wants to turn the gas that comes up with its offshore oil into cheap power, and use that power to seed industry that will outlive the crude.

—Stage one. The Wales Gas-to-Energy project, a roughly two-billion-dollar plant due to finish in 2026, is built to roughly halve the country’s electricity costs.

—Stage two. A second gas pipeline would land at the mouth of the Berbice River, anchoring a far larger industrial and petrochemical zone.

—The tenants. Officials name alumina refining, fertiliser, petrochemicals and the country’s first data centres as the industries cheap gas could support.