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Visiting Prime Energy team with President Jagdeo

Georgetown - Prime Energy LLC- Caribbean, a United States based petroleum company, plans to establish Guyana's first ever oil refinery. The investors of the company met with President Bharrat Jagdeo on April 6 to bring him the news of their plans.
President of Prime Energy, Jerry Brooks, company representative Vijay Doerga, and members of the company's board were in the visiting delegation. 
Prior to their meeting with President Jagdeo, the delegation met at an information session with stakeholders at the Princess Hotel. Prime Minister Samuel Hinds was also at that meeting. 
According to the Guyana Chronicle (GC) the company is pursuing the venture in partnership with Kuai Energy Systems and Chemexllc, and has signalled its intention to recruit 100 Guyanese to work with the company when it becomes a reality. Doerga gave the assurance that "tonnes of jobs," will be awaiting Guyanese after the establishment of the project.
Foundation work is scheduled to commence in another six months and the US$75M project is expected to come on stream within 18 months. 
Brooks told the Government Information Agency (GINA) that the refinery is a modular mini refinery with a capacity to hold 20,000 barrels daily. The major elements on the refiners will be manufactured in the United States and then shipped to Guyana for installation. Brooks explained that this approach will be taken to avert any factor that may stymie the project completion duration, such as inclement weather.
"A large typical refinery today can take up to seven years to build… and most people have the concept that they can't build a smaller refinery because they have all these big markets that they want to supply. We're looking for a small market to supply," Brooks said.
He further explained that the interest to establish a refinery in Guyana was stimulated by the fact that several countries around the world are looking to 20,000 barrels a day refineries for their countries, given the high cost incurred to transport crude oil to the United States for refining.
Doerga explained that the conglomerate will be sourcing its crude oil from companies in the region in the initial phase, but will also forge ties with local exporters. With drilling going on in Guyana it is important to forge local ties. 
Prime Energy is an independent oil and gas company with a mandate to acquire, develop and produce oil and natural gas through small- scale oil refinery technology.