October 29, 2018 |
The Oilfield Workers' Trade Union (OWTU) has approached the board of Petrotrin with a lease-to-own plan for the Pointe-a-Pierre refinery that the state-run oil company shut down earlier this month.
The plan will also include ways to incorporate public and private sector investment into the Trinidad-based refinery.
Sunstone Equity is working with the union in negotiating a plan with the central government, according to statements from the OWTU.
Sources have told LatinFinance that Petrotrin's loss
OWTU presents T&T oil company's board with a lease-to-own plan for the Pointe-a-Pierre asset that was shut down earlier this year