Petrotrin: Trinidad and Tobago’s state-owned oil refinery to close

State-owned oil refinery in Trinidad to close

Petrotrin refinery

PORT OF SPAIN, Trinidad — As Trinidad and Tobago is about to celebrate its 56th anniversary of political independence, its state owned oil refinery company Petrotrin, which has employed thousands of permanent and contract workers over the last decades will now be shutting down in the near future, according to Petrotrin officials and government ministers.

Petrotrin is a state owned enterprise in the integrated oil and gas industry, engaged in the full range of petroleum operations including exploration for development of and production of hydrocarbons, and the manufacturing and marketing of a wide range of petroleum products.

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Comments

  • Emanuel  On August 30, 2018 at 2:51 pm

    This is huge. Can Guyana learn a lesson from this major failure?

  • Emanuel  On August 30, 2018 at 2:51 pm

    This is huge. Can Guyana learn a lesson from this major failure?

  • Walter  On August 30, 2018 at 7:24 pm

    The oil is running out in Trinidad and Tobago. Their proven reserves are about 200,000,000. The oil companies from Canada and USA have been investing in T&T oil industry for decades, so how can this major company fail? Is it a sign of oil prices to come Lower oil prices?

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