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alfa wrote:tr1ad wrote:Again.. I'm aware of how it's done ...
So the market has been so bad in 18 years that ...anyhow never mind ... Carry on
You won't understand unless you're in the situation... anyhow never mind....Carry on
OWTU makes Petrotrin bid
The Oilfield Workers’ Trade Union (OWTU) has apparently had a change of heart and taken up the Prime Minister’s offer to make a bid for the Pointe-a-Pierre refinery.
The union will present its proposal—a lease to own arrangement— to state oil company Petrotrin’s board at a time to be determined, but OWTU’s president general Ancel Roget said that the move is “the greatest act of patriotism in recent time.”
The union has partnered with Caribbean investment bank SunStone Equity, based in Suriname, and MAK England, a commodities trading firm with operations in the UK, the US and UAE.
SunStone helped the union come up with the proposal, while MAK will provide the crude oil necessary to sustain the refinery as well as the managerial expertise.
Roget said the union’s plan will save all the jobs currently on the line as Petrotrin continues with its planned shut-down of the 101-year-old refinery. He declined to give more details of the proposal until the union meets with Petrotrin
Numb3r4 wrote:Can anyone shed any details of the make up of the new companies?
abducted wrote:
Reynold Ajodhasingh is a Director in Trinidad & Tobago IFC and Minister Stuart Young's father is the Chairman of Trinidad & Tobago IFC
https://www.ttifc.co.tt/index.php/meet- ... -directors
De Dragon wrote:Jealousy! The small man from Sea Lots make he way and ollour jealous!
When he bring in Burkie as head ah security ollour go see!
Ohh yes Kaka Pon kaka .....abducted wrote:
Reynold Ajodhasingh is a Director in Trinidad & Tobago IFC and Minister Stuart Young's father is the Chairman of Trinidad & Tobago IFC
https://www.ttifc.co.tt/index.php/meet- ... -directors
The_Honourable wrote:This country stands to benefit tremendously if the latest proposal by the Oilfields Workers' Trade Union is accepted.
Financier John Van Dyke, who is the CEO of Sunstone Equity, says the refinery is not only viable but very profitable.
He was speaking at a media presentation at the Radisson Hotel, where the OWTU revealed the proposal.
shake d livin wake d dead wrote:Espinet gt yes
The_Honourable wrote:This country stands to benefit tremendously if the latest proposal by the Oilfields Workers' Trade Union is accepted.
Financier John Van Dyke, who is the CEO of Sunstone Equity, says the refinery is not only viable but very profitable.
He was speaking at a media presentation at the Radisson Hotel, where the OWTU revealed the proposal.
sMASH wrote:Closing down the refinery killing multiple birds with one big stone. From removal of the forensic accounting evidence, to non non accountability of the board, to getting kickback to sell off the assets to the 1%...
Simple. Elegant. Catastrophic
Numb3r4 wrote:Does anyone have any information of the theory going about that this entire Petrotrin saga was a deliberate plan to shelter certain folks from investigation regarding a particular scandal?
Refinery is profitable now???
Why has the union not picked up on the theory being circulated, would that mean it is false?
#hammernailsMASH wrote:Numb3r4 wrote:Does anyone have any information of the theory going about that this entire Petrotrin saga was a deliberate plan to shelter certain folks from investigation regarding a particular scandal?
Refinery is profitable now???
Why has the union not picked up on the theory being circulated, would that mean it is false?
u cant accuse someone of stealing from petrotrin, when there is no petrotrin.
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