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InfrastructureSingle-sourceMediumDeveloping
4.7

Guyana GtE contractor Lindsayca seeks additional US$170M atop US$759M contract

Lindsayca Guyana Inc., contractor for Guyana's US$2B Wales Gas-to-Energy project, is requesting an additional US$170M on top of the original US$759M contract price, citing cost overruns and schedule extensions. The request signals potential project mismanagement or scope creep, raising concerns about fiscal oversight in Guyana's fast-growing energy infrastructure sector. The outcome remains uncertain pending government approval.

Kaieteur Newsabout 3 hours agoGY, US, VEengCredibility 18%View source

Score Breakdown

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

Intelligence Tags

Locations

WalesGuyana

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countrycountry
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