CERAWEEK Guyana Considers Plan to Refine Oil in US, Import Fuel

• Guyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said at a conference in Houston on Tuesday.
• Guyana has one of the world's fastest-growing economies thanks to rapidly rising oil output at the country's prolific offshore oilfields, which are operated by a consortium led by U.S. oil major Exxon Mobil.
• The South American neighbours are involved in a long-running dispute about which country owns the 160,000-square-km (62,000-square-mile) Esequibo area, which is the subject of an ongoing case at the International Court of Justice.

(Source: Reuters)