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Guyana: Call for T&T to refine Guyana oil (fly line) Good in principle

TRINIDAD and Tobago’s Prime Minister Dr Keith Rowley said the Oilfield Workers Trade Union (OWTU) will be given the first option to buy the Petrotrin refinery as the company shifts its focus to the extraction and export of crude oil.

But Opposition Leader of the twin-island republic Kamla Persad-Bissessar, has called on her government to partner with Guyana to refine its oil.

Reacting to the call, Guyana’s Foreign Affairs Minister Carl Greenidge said while the proposal might be good in principle, there are several critical areas that ought to be considered by Guyana before any decision is made.

Former Trinidad Prime Minister, now Leader of the Opposition, Kamla Persad-Bissessar has expressed the view that Trinidad should attempt to partner with Guyana – its CARICOM sister state – to refine its oil.

Prior to ExxonMobil’s 9th oil discovery here in the Stabroek Block days ago, it was estimated that Guyana had more than four billion oil-equivalent barrels. With this number expecting to increase with the latest oil find, Persad-Bissessar believes that her country should at least try to capitalise on this ‘golden opportunity’ that would salvage the island’s petroleum industry.

“I understand Guyana has found another well and they are producing, can we not group in some way and find a way to work together as a CARICOM (sic) where we can help them refine their oil?” the Trinidad opposition leader was quoted in Trinidad and Tobago Newsday.

Vice-President and Foreign Affairs Minister Carl Greenidge told the Guyana Chronicle that the idea is good in principle.

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