Finance Minister Dr Ashni Singh last week met in Washington with key US government officials including from the EXIM Bank but there was no word on the pivotal US$660 million financing that Guyana is seeking for its ambitious gas to energy project.
A press release yesterday from the Ministry of Finance said that Singh met with the Senior Advisor to the President and Chair, Larry T. Decker, and other senior and technical officials of the Export-Import (EXIM) Bank of the United States in Washington DC. where discussions surrounding the Bank’s support towards the gas to energy project which the government has said will cut energy charges by half.
The press release yesterday varied from the constant line of a 50% cut by stating it would “significantly reduce electricity costs”.