US EXIM to lend $550M for Guyana's second Gas-to-Energy project

The US Export-Import Bank is prepared to lend up to US$550 million for the second phase of Guyana's Gas-to-Energy project at Wales, West Bank Demerara, following a US$527 million loan for the first phase. This signals continued US financial backing for Guyana's energy infrastructure, which is central to its economic diversification. The loan's finalization and project execution remain pending, with potential implications for regional energy dynamics and US-Guyana strategic ties.