-makes no comment on delayed works
The Auditor General’s Report for 2025 which was circulated in Parliament yesterday disclosed that at the end of December 2025, a whopping $258.1b (US$1.24b) had been spent on the long-delayed gas to energy project.
No comment was made in the report on the delayed project which should have been in place since the end of 2024 or earlier. The expenditure figure excludes what has so far been spent for 2026. The government has promised that some power will flow from the gas to energy project by the end of this year but some observers have said that this is increasingly unlikely given the state of works. The project is meant to yield 300 MW and in the interim Guyana has had to hire expensive Turkish power ships burning heavy fuel oil to meet the ongoing shortfall in power generation.
The Auditor General’s report listed expenditure for the various years as follows: $24.6b in 2022, $48.3b in 2023, $105.3b in 2024 and $79.3b in 2025 inclusive of additional amounts of $3.8b, $5b, $25.3b and $28.7b for the respective years.
Discussion