Gas to shore project
… Encourages youth to prepare themselves, seek tertiary education
The onshore gas project, which the Government is taking forward, will put Guyana firmly on the path to cheaper energy and investor prosperity. This is according to Minister of Natural Resources Vickram Bharrat, who urged Guyanese on Friday to prepare themselves for this transition.
During a talk to a virtual oil and gas webinar in the Caribbean on Friday, Natural Resources Minister Vickram Bharrat spoke about the onshore gas project. He drew comparisons with Trinidad and Tobago, which noted that it had energy prices as low as 12 cents per kilowatt of power.
“They pay 12 cents per kilowatt, which is very cheap. Less than half of what we pay in Guyana. So that’s where we’re moving as a country and as a Ministry, to make sure we use the gas to generate electricity at perhaps the cost of what Trinidad produces. ”
“Imagine in another couple of years from now, your parents don’t have to worry about the light bill, because it would have been reduced by almost half. That’s where we go as a country. And that would now bring significant investment into Guyana. ”
According to the Minister, cheaper energy equals more investors and more companies willing to enter the value-added market. But he also urged participants to add value to their own skill set and to pursue tertiary education, if they wish to compete in the sector.
“I want you to use this as motivation, to move from secondary to tertiary education at some point. Because in another year or two, it will be competitive. And people will need skilled and qualified workers. ”
“And to get a job, you would have to compete with university trained people. Therefore, I urge you not to stop at secondary level, but to make sure you progress to tertiary. So you can compete with the regional and international workforce. ”