Case for oil refinery has not been made – Dr Thomas

Economist Dr Clive Thomas says that the case for an oil refinery here has not been made.

In his Guyana and the Wider World column in yesterday’s Sunday Stabroek, Dr Thomas, who has focused extensively on the oil and gas industry, said the basis for the consideration here for a refinery has not improved since 2017 when he had first addressed the matter in detail following the publication of a report by the Pedro Haas consultancy.

Last October, the government sought bids for a 30,000 barrels a day modular refinery which would not involve the State.