RE: Guyana could have its first oil refinery soon "
The investor told Business Guyana that the refinery would have the capacity to produce 100,000 to 200,000 barrels per day. More than 5,000 new jobs directly related to the industry would be created.
The establishment of the refinery, the investor noted, is not dependent on an imminent discovery of oil in Guyana. A large volume of oil is already being produced in the region which provides a need for such a facility, he said.
Oil and gas exploration companies Repsol and CGX Energy are scheduled to begin drilling operations off Guyana’s coast shortly at locations believed to contain massive deposits of oil."