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4.7

Lindsayca Guyana nears funding shortfall on Wales Gas-to-Energy project

Lindsayca Guyana Inc., contractor for Phase One of Guyana's Gas-to-Energy project at Wales, is reportedly running out of funds to complete the venture and has requested an additional US$170M from the government, which remains tightlipped. The company's spending on sponsorships in Venezuela raises governance concerns. This signals potential project delays or cost overruns in a key energy infrastructure initiative for Guyana.

Kaieteur Newsabout 11 hours agoGY, US, VEengCredibility 18%View source

Score Breakdown

Mosaic Score4.7
Confidence0.5
Significance0.5
Source credibility0.2

Intelligence Tags

Locations

WalesWest Bank DemeraraHoustonVenezuela

Entities

countrycountry
Source

Related signals

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