Guyana announced yesterday that it is prepared to build its own refinery, less than 24 hours after Trinidad & Tobago said it is prepared to assist CARICOM countries further develop their oil and gas industries.
Port of Spain also stated that it has made a concerted effort to involve its regional neighbours in the development of economic cooperation in the energy sector.
Addressing the opening of Guyana's International Energy Conference, Prime Minister of Trinidad & Tobago, Dr Keith Rowley, told more than 1,200 delegates that crude oil, which was once seen as being at the margins of the region, has become a focal point with major discoveries in Guyana, Suriname, French Guyana, Belize, and Trinidad & Tobago.