The Houston-based engineering company Lindsayca Guyana Inc. is reportedly facing a shortage of funds to finish the initial phase of the Gas-to-Energy initiative located at Wales, West Bank Demerara. Reports indicate that the firm has requested an additional 170 million dollars from the Guyanese government to cover the remaining costs. While the administration has remained silent regarding this request, concerns have been raised about the company's recent expenditures on external sponsorships, including events such as Energy Week and golf competitions held in Venezuela. This financial situation threatens the timely completion of the infrastructure project, which is considered a critical component of the country's energy strategy. The lack of official communication from the authorities adds to the uncertainty surrounding the project's budget and final delivery timeline.
Source : Kaieteur News
