Fulcrum LNG to develop Guyana’s first Gas Plant

Fulcrum LNG announced on Wednesday that it has been chosen by the Government of Guyana to design, finance, construct, and operate the necessary gas infrastructure to advance gas monetization solutions and accelerate upstream gas developments in the country. This selection follows the government’s public request for proposals and represents a significant milestone in Guyana’s strategy to develop its gas resources safely and efficiently.
The initiative is part of the Government of Guyana’s broader plan to create an open-access infrastructure system, providing additional monetization alternatives for upstream developers. Fulcrum LNG’s selection underscores its commitment to advancing energy infrastructure and marks a crucial step in bolstering Guyana’s energy sector, enhancing energy security, and driving economic growth.
“We are honoured to be selected to undertake this strategic energy infrastructure project,” said Jesus Bronchalo, CEO of Fulcrum LNG. “This opportunity aligns perfectly with our mission to deliver innovative, reliable, and sustainable energy solutions to develop gas resources. We look forward to working closely with the Government of Guyana and other key stakeholders to ensure the success of this endeavour.”
Fulcrum LNG’s solution will feature the development of state-of-the-art gas processing facilities and scalable modular infrastructure to produce Liquified Natural Gas (LNG) and NGLs/LPGs for Guyana as well as regional and global markets. Partnering with leading global firms, Fulcrum LNG will leverage advanced technology and industry expertise to deploy robust, efficient, and sustainable infrastructure solutions.
This project aims to provide upstream developers in Guyana and the region with additional options beyond their current contractual arrangements. By investing in open-access infrastructure, Fulcrum LNG will incentivize the development of gas resources, increasing the economic viability of current and future upstream gas discoveries and enhancing the overall value proposition for the entire basin. The venture is expected to yield substantial economic benefits, including job creation, significant foreign investment, and improved energy trade relationships. Fulcrum LNG also plans to involve Guyanese investors in various components of the project.