Piping gas to shore brings major benefits, find the right investment balance urges analyst - Panorama Insurance Brokers

Piping gas to shore brings major benefits, find the right investment balance urges analyst

The Guyana government is forging ahead with its plan to land a gas pipeline onshore to produce cheaper, cleaner energy and create new economic opportunities for the country of just over 750,000 people. While some have criticized this move, suggesting it would be too costly, one analyst is pointing out that the potential benefits far outweigh any challenges that may be encountered along the way.

“I do think that the gas-to shore project is something that would be beneficial for Guyana,” Americas Market Intelligence (AMI) Analyst, Arthur Deakin stated on a radio programme this week. This project, he said, would slash the cost of electricity, which would then have spin-off effects.

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