Guyana’s Minister of Natural Resources, Vickram Bharrat, says while the country has not closed the door on partnering with T&T to reopen the Petrotrin Refinery in Pointe-a-Pierre, there are factors they will have to consider before making a decision.
However, he said no discussion will take place until after Guyana’s general election, which is scheduled for September 1. He was speaking to Guardian Media at the Global Biodiversity Alliance Summit yesterday in Georgetown, Guyana.
The Kamla Persad-Bissessar-led administration announced in June that it is setting up a refinery committee to explore the feasibility of reopening the Petrotrin Refinery.
The committee is being chaired by former energy minister Kevin Ramnarine, who told Guardian Media he expects to have a report completed in four months.
When asked if Guyana will reconsider its position on the refinery in light of the establishment of a committee, Bharrat said yesterday, “I can say solidly we have not taken a decision with regards to how we will collaborate with T&T with regards to reopening the refinery but I’m sure that’s on the cards when we meet after the election.”
Bharrat confirmed he received a letter from Energy Minister Dr Roodal Moonilal. However, he would only say the letter sought to initiate discussions. He said he told Moonilal the discussions will have to take place after the election.
Pressed on whether the Guyanese government will consider having discussions with T&T surrounding the refinery, Bharrat said, “I don’t think I’ll be able to give you a direct answer to that because I’ve not seen any assessment, whether technical assessment or financial assessment, of that refinery with regards to restarting it. Of course, we will need that. Otherwise, I’ll be just plucking a figure or giving you my personal thought, and that would not go down well with either side. So, I don’t want to commit without actually seeing what exists and what needs to be done in order to put that refinery back into operation.”
He went further in saying Guyana will have to look at the financial costs of restarting the refinery.
Bharrat added, “We also have to look at the operational cost and also the capacity of it in today’s world too. That’s the vision. The technology being used. These are all things that have to be considered before we can make a more informed statement or decision with regards to.”
When asked whether he was surprised US President Donald Trump revoked T&T’s Office of Foreign Assets Control (OFAC) licence, essentially ending the Dragon Gas deal between T&T and Venezuela, Bharrat would only say the deal never caused friction in the relationship between this country and Guyana.
“Trinidad has always supported Guyana and, being part of Caricom, has supported Guyana against the claims being made by Venezuela. So I don’t think it brought about any kind of animosity between Guyana and Trinidad.”
Bharrat says there are scores of T&T citizens living and working in Guyana, particularly in the oil and gas sector.
He says under the Treaty of Chaguaramas, citizens of his country have been able to easily access jobs within the energy sector in that country.
