Still no decision on US EXIM loan

-following November 21st meeting

United States Exim Bank (US EXIM) officials on Thursday met to discuss the US$660 million loan for this country’s gas-to-energy project but no decision has yet been made and the project is listed in the pending category 17 months on.

Notification to the US Congress has also been noted as being required.  With the life of this congress coming to an end shortly it is not expected that projects such as Guyana’s gas to energy will be prioritized.

In the meanwhile, a US$500 million loan – which will cover energy renewables and other areas -has been granted to Barbados.