The Ministry of Natural Resources has invited proposals for the design, finance and construction of a 30,000 barrel per-day oil refinery to be built in the vicinity of Crab Island, in Berbice, in which it will have no ownership or investment interest.
The move comes just over a week after President Irfaan Ali announced that the government would be looking at the construction of an oil refinery in an effort to become more energy secure. The President, again, spoke about the project when he delivered the feature address at the opening of the Berbice Expo and Trade Fair on Friday.
“In two months we will be receiving the submission of those who are interested in investing in this for a 30,000-barrel refinery to be established right here in Region Six,” he told the gathering at the expo.
