Ecuador Prequalifies Three Bidders for US$800mn LNG Combined-Cycle Plant Project

Ecuador has prequalified three bidders for its US$800mn LNG combined-cycle plant project.

The move is a significant step forward in the project's development, which aims to increase the country's natural gas generation capacity.

The prequalified bidders are yet to be named by the Ecuadorian government. The project involves the construction of an LNG terminal and a combined-cycle plant that will produce electricity using both gas and other fuels.

No further details have been provided on the timeline or potential outcomes of the bidding process, but it is expected to attract major players in the energy sector.