> ## Content Index > Fetch the complete content index at: https://www.lacaribenanews.com/llms.txt > Use this file to discover other available public pages before exploring further. # Two Firms Bid to Build Guyana's Gas Liquids Plant. One Asked US$493 Million. The Other, US$28 Million. - URL: https://www.lacaribenanews.com/guyana-ngl-facility-bids-lindsayca-china-camc-nptab-2026/ - Published: 2026-09-27T12:13:08.000Z - Updated: 2026-10-04T05:16:39.000Z - Description: Three bids from two bidders were opened on 17 September 2026 for Guyana's natural gas liquids storage and offloading facility. Lindsayca Guyana Inc priced two options, at US$537.1m and US$493.4m. China CAM Engineering Co Ltd priced one, at US$27.97m. - Author: Theon Alleyne - Tags: Energy, Guyana, Compliance, Analysis **Quick summary:** Three bids from two bidders were opened on 17 September 2026 for Guyana's natural gas liquids storage and offloading facility. Lindsayca Guyana Inc priced two options, at US$537.1 million and US$493.4 million. China CAM Engineering Co Ltd priced one, at US$27.97 million. By LCN Business Desk The National Procurement and Tender Administration publishes its [minutes of tender openings](https://www.npta.gov.gy/minutes-of-tender-openings/?ref=lacaribenanews.com). The minutes for 17 September 2026 carry file number 272/2026/02, Gas to Energy Task Force, Natural Gas Liquids Storage and Offloading Facility and Pipeline. They record **two bidders and three bids**: Lindsayca is bidder number one and priced two options under that single number, and China CAM Engineering is bidder number two. | Bidder | Bid amount | Bid security | Agency | | ------------------------------ | ---------------- | ------------ | ------ | | Lindsayca Guyana Inc, option 1 | USD $537,067,823 | USD $200,000 | Nafico | | Lindsayca Guyana Inc, option 2 | USD $493,409,267 | USD $200,000 | Nafico | | China CAM Engineering Co Ltd | USD $27,970,686 | Blank | Blank | Source: [Minutes of Tender Opening, 17 September 2026](https://www.npta.gov.gy/wp-content/uploads/Tender-Evaluation-Details-September-17-2026.pdf?ref=lacaribenanews.com), National Procurement and Tender Administration. The bid security amount and agency columns are empty on the second row as published. The columns for Guyana Revenue Authority and National Insurance Scheme compliance are empty for both bidders. Both signed the form of tender. ## How many firms bid? Two, and between them they lodged three priced bids. The same document records twelve separate tender openings held that day, for the Revenue Authority, the Energy Agency and other bodies, of which this facility is one. Twelve is the number of procurements opened on 17 September, not the number of companies that bid for the gas liquids plant. A larger field did exist earlier in the process. Twelve international consortiums were reported at the pre-qualification stage in November 2025, from China, the United States, the United Kingdom, Panama, India, Brazil, Nigeria and Guyana. Two of them priced the work. ## What is the facility for? Holding and shipping what the gas plant strips out. The Office of the Prime Minister's pre-qualification advertisement said the facilities are required to enhance capacity for safe storage, efficient operations, marine offloading and the distribution and marketing of natural gas liquids domestically and internationally. The advertisement placed the works within or near the Wales Industrial Zone, about 25 kilometres inland from the mouth of the Demerara River on the West Bank, and on the East Bank at Garden of Eden. Phase One includes a fractionation plant that extracts liquids and provides limited storage, with production anticipated at approximately **4,200 barrels a day**. The new facilities were to be flexible enough to take further volumes later. ## What does the gap between the prices mean? On the face of the minutes, that the two parties did not price the same undertaking. A difference of that size on one advertised scope ordinarily reflects what each included for marine works, tankage, pipeline and commissioning, and what each assumed about the site. The lower figure is 5.7 per cent of Lindsayca's lower option. The minutes also record a difference that is not about price. One bidder lodged bid security of US$200,000 through an agency named in the document. The corresponding columns for the other are blank. A bid opening records what was submitted on the day, and an evaluation decides what any of it means. That evaluation has not been published. The Bureau's standard evaluation criteria handbook is on the same site, dated 2009. ## Who is Lindsayca? A Texas company that grew up in Venezuelan oil. Lindsayca was founded in 1995 under private equity and family ownership and expanded into Venezuela, serving state-owned and private clients in the upstream and downstream energy sector. It came to Guyana in a consortium. In November 2022 the government contracted Texas-based Lindsayca with Puerto Rico-based CH4 Systems to engineer and build the integrated facility at Wales, a 300 megawatt combined-cycle power plant and an associated natural gas liquids facility, for **US$759 million**, [OilNOW](https://oilnow.gy/featured/guyanas-gas-to-energy-project-your-questions-answered/?ref=lacaribenanews.com) records. The United States Export-Import Bank lent US$526 million against it, tied to the procurement of American materials. The consortium did not survive the job. CH4 left the partnership in July 2025 and Lindsayca committed to completing the project alone, [Stabroek News](https://www.stabroeknews.com/2025/07/02/news/guyana/partners-in-gas-to-energy-project-to-split-up-sources/?ref=lacaribenanews.com) reported. Lindsayca then acquired CH4 Systems' shareholding and now holds the project company outright, renamed Lindsayca Guyana Inc. Behind the split lay soil stabilisation work at Wales that ran fourteen months and cost more than US$100 million. So the bidder offering to build the storage facility is the company already building the plant it will serve, on a contract running behind its original schedule and carrying a dispute determination against the state. ## Who is China CAM Engineering? On the evidence available, a contractor with a delivered record in Guyana. The minutes spell the bidder "China CAM Engineering Co Ltd". China CAMC Engineering Co Ltd, which differs by one letter, is a subsidiary of China National Machinery Industry Corporation, the Chinese state group known as SINOMACH, and it is the company that has been building hospitals here. It completed **six regional hospitals** for the Government of Guyana under engineering, procurement and construction contracts and handed over the last of them in 2025, [SINOMACH](https://www.sinomach.com.cn/en/MediaCenter/News/202509/t20250919%5F580641.html?ref=lacaribenanews.com) recorded. Diamond Hospital opened on 8 June 2025, [the group reported](https://www.sinomach.com.cn/en/MediaCenter/News/202506/t20250619%5F551137.html?ref=lacaribenanews.com). Enmore was inaugurated with President Irfaan Ali present, Bath Hospital serves Region Five, and Lima and Number 75 Village were commissioned in August. It also holds current work. A contract for the new West Demerara Hospital was awarded on 31 December 2024 to China CAMC Engineering with China Sinopharm International at **US$54,169,883.76**, [Kaieteur News](https://www.kaieteurnewsonline.com/2025/01/15/us54m-contract-awarded-to-construct-new-west-dem-hospital/?ref=lacaribenanews.com) reported. What that record does not include is a process plant. A hospital built to an engineering, procurement and construction contract and a natural gas liquids storage and marine offloading facility are different undertakings, with different codes, different hazards and different commissioning. A contractor can have delivered six of the first and never have built the second. Where a Guyanese procurement has gone wrong, what happens to the contractor afterwards is a question this newspaper has examined against the German self-cleaning register, in [What Germany Got Right About Corrupt Contractors](https://www.lacaribenanews.com/germany-procurement-self-cleaning-guyana/). The Public Procurement Commission can bar a contractor for between one and ten years, and nothing in that framework requires a barred company to do anything before returning. ## Where does the existing project stand? Behind, and the subject of a determination. A Dispute Adjudication and Avoidance Board issued two awards on 31 January 2025 ordering the Government of Guyana to pay US$102,679,839 to the project company, followed by a mediation agreement in March 2025 and an instalment arrangement in April. That is a contractual dispute board, not a court. This newspaper has separately reported US$97 million paid to the contractor over a legal dispute, inside a delay overrun costed at about US$884 million against two plants initially priced at US$759 million, in [Bills Will Not Halve Until the Plant Runs at Full Capacity](https://www.lacaribenanews.com/guyana-gas-to-energy-delay-gpl-losses-solar-2026/). Kaieteur News has reported a US$80 million payment. The three figures are not the same and have not been reconciled publicly. The Ministry of Natural Resources says Wales will carry 600 megawatts while the project under construction is 300, in [The Resource Ministry Says Wales Will Carry 600 MW](https://www.lacaribenanews.com/guyana-wales-600mw-gas-bharrat-mineral-inventory-2026/). The plant is not generating and the country rents power meanwhile, costed in [What a Third Powership Would Cost Guyana](https://www.lacaribenanews.com/guyana-third-powership-costs-puerto-rico-energy-choice-2026/). ## What else is on the record this week? The Finance Minister warned contractors about liquidated damages for project delays, and the Audit Office said it is strengthening capacity for oil and gas oversight. President Irfaan Ali has said there is no discussion under way on additional money for the gas-to-energy contractor. What the state is required to publish about contractors, and what it is not, was set out in [The Chamber Asked for More Information on Oil Contracts](https://www.lacaribenanews.com/guyana-local-content-plan-publication-gcci-smith-monitoring-2026/). A separate NPTAB tender, for the salvage of the MV Barima, is being re-evaluated on the President's account, reported in [Three Firms Bid to Raise the MV Barima](https://www.lacaribenanews.com/mv-barima-salvage-bids-nptab-forensic-evidence-2026/). Two bids are on the record with their prices and their paperwork. The evaluation is not. ### What the title card shows - **Two bidders, three bids:** Lindsayca Guyana Inc, which priced two options under one bidder number, and China CAM Engineering Co Ltd, which priced one. They are the only companies recorded in the minutes for file 272/2026/02. - **USD $537,067,823 and USD $493,409,267:** Lindsayca's two priced options, submitted under one bidder number. - **USD $27,970,686:** the other bid, 5.7 per cent of Lindsayca's lower option. - **USD $200,000 in bid security** is recorded for Lindsayca, through Nafico. The bid security columns on the other row are blank. - **4,200 barrels a day:** the natural gas liquids production anticipated from Phase One, which the facility is meant to store and offload. ## Frequently Asked Questions How many companies bid? Two, and they lodged three priced bids between them, because Lindsayca submitted two options under a single bidder number. Twelve tender openings were held that day across different agencies, of which this was one. What are the prices? Lindsayca Guyana Inc submitted two options, USD $537,067,823 and USD $493,409,267\. China CAM Engineering Co Ltd submitted USD $27,970,686, which is 5.7 per cent of Lindsayca's lower option. What is the facility? A natural gas liquids storage and offloading facility and pipeline, to be built within or near the Wales Industrial Zone and on the East Bank at Garden of Eden, to hold and ship the roughly 4,200 barrels a day of liquids Phase One is expected to produce. Did the contractor take the government to court? Not a court. A Dispute Adjudication and Avoidance Board, a contractual body, issued two awards on 31 January 2025 ordering payment of US$102,679,839, followed by mediation and an instalment arrangement.