Point Lisas In­dus­tri­al Es­tate-based Phoenix Park Gas Proces­sors Ltd (PPG­PL) has been iden­ti­fied as the first-ranked firm for the op­er­a­tions and main­te­nance (O&M) of the Guyana’s gas-to-en­er­gy (GTE) Phase 1 nat­ur­al gas liq­uids plant, ac­cord­ing to a state­ment is­sued by Guyana’s Of­fice of the Prime Min­is­ter.

It said that PPG­PL and its lo­cal part­ner, Guy­Gas Inc. had been se­lect­ed fol­low­ing a “com­pet­i­tive pub­lic pro­cure­ment and eval­u­a­tion process” and that “Cab­i­net has giv­en its no-ob­jec­tion to the com­mence­ment of ne­go­ti­a­tions with the firms, with the ob­jec­tive of agree­ing to an O&M arrange­ment for the NGL op­er­a­tions”.

The Of­fice of the Prime Min­is­ter said five pro­pos­als were re­ceived and as­sessed by an eval­u­a­tion com­mit­tee against ad­min­is­tra­tive, tech­ni­cal, and fi­nan­cial cri­te­ria.