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HomeBusinessGovt Ready To Sign Refinery Deal With Patriotic

Govt Ready To Sign Refinery Deal With Patriotic

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(Trinidad Guardian) Prime Minister Dr Keith Rowley says the Government is ready to sign off on the sale of the defunct Petrotrin refinery to Patriotric Energies and Technologies Company Ltd.

He made the announcement at the launch of Petrotrin Land Distribution Programme for terminated Petrotrin employees at the Palo Seco Government Primary School yesterday.

“It is the intention of the Government of Trinidad and Tobago, in the coming days, to sign off with the OWTU and beginning of the way back for the Petrotrin refinery, known today as the Guaracara, as soon as the OWTU is ready to commit itself to what I had said in this statement today and provide its commitment by its signature.”

The Oilfields Workers’ Trade Union’s Patriotic Energies and Technologies Company Ltd was chosen as the preferred bidder for the refinery from amongst 77 companies that showed interest in acquiring the assets after the Government closed down the refinery in November 2018.

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