Episode
Guyana Power Ships Negotiation Update | Guyana News
- Published
- Jun 29, 2026
- Duration seconds
- 105
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Summary
Guyana’s government is locked in tense negotiations to renew contracts for two vital power ships supplying nearly 100 megawatts—critical as the country waits for its long-awaited Gas-to-Energy project. The first ship, delivering 36 megawatts, was acquired at a rock-bottom rate of 7.2 cents per kWh, while the second, at 60 megawatts, cost 9.5 cents. Now, talks center on a price between 9 and 9.5 cents, with officials insisting they’re not being pressured and have alternatives—despite rumors of threats to shut down operations. The Public Utilities Minister reaffirmed the government’s commitment to protecting Guyanese interests, calling negotiations private and complex but nearing resolution. Meanwhile, these ships keep the grid stable, even as their combined output exceeds peak demand—until the gas-powered future arrives later this year. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/92be7000c3890983