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kstt wrote:If you give the union the company, who going to fight the government in court for sending home workers and fight for them and against fake oil?
Just like it does abroad, you have a choice, look for the end station with the prices and quality that suit yuh picket on your trip and choose it.aidan wrote:So when whoever wins the bid and starts producing fuel, will there be 2 local fuel suppliers with different fuel prices? How will that work
nick639v2 wrote:Just like it does abroad, you have a choice, look for the end station with the prices and quality that suit yuh picket on your trip and choose it.aidan wrote:So when whoever wins the bid and starts producing fuel, will there be 2 local fuel suppliers with different fuel prices? How will that work
Owner of the gas station will have to buy and sell accordingly depending on prices he gets.
nick639v2 wrote:Just like it does abroad, you have a choice, look for the end station with the prices and quality that suit yuh picket on your trip and choose it.aidan wrote:So when whoever wins the bid and starts producing fuel, will there be 2 local fuel suppliers with different fuel prices? How will that work
Owner of the gas station will have to buy and sell accordingly depending on prices he gets.
That I didn't know, but we know how easy laws get changed or overlooked when big boy money jumping upDizzy28 wrote:nick639v2 wrote:Just like it does abroad, you have a choice, look for the end station with the prices and quality that suit yuh picket on your trip and choose it.aidan wrote:So when whoever wins the bid and starts producing fuel, will there be 2 local fuel suppliers with different fuel prices? How will that work
Owner of the gas station will have to buy and sell accordingly depending on prices he gets.
Our laws for fuel retailing are not set up for that scenario afaik.
nick639v2 wrote:Just like it does abroad, you have a choice, look for the end station with the prices and quality that suit yuh picket on your trip and choose it.aidan wrote:So when whoever wins the bid and starts producing fuel, will there be 2 local fuel suppliers with different fuel prices? How will that work
Owner of the gas station will have to buy and sell accordingly depending on prices he gets.
gastly369 wrote:Man swindled out of $10K in job scam
http://www.looptt.com/content/man-swindled-out-10k-job-scam
Deception and betrayal
Ralph Maraj
Mar 23, 2019
I HAVE called it the Petrotrin sin and warned that its effects will long endure. We see this now unfolding. After the brutal closure of the refinery, hurting over 10,000 persons, directly and indirectly, they formed Trinidad Petroleum Holdings (TPH), with three subsidiaries including Paria Fuel Trading Company, claiming these would lead us from the economic doldrums.
They then grandly heralded Paria as “the future of fuel” which “will lead the region in the fuel logistics and trading business”.
But after such hyperbolic proclamations, we suddenly learnt from TPH chairman Wilfred Espinet, in last Sunday’s Express, that Paria had been put up for sale! What?!
But then, the next day, Energy Minister Franklin Khan said Government has halted the sale, directing TPH “to withdraw any Request for Proposals”, that there was no “current mandate” to divest Paria.
Indeed, Khan quite rightly sees Paria as a strategic asset, “ensuring the security of supply of liquid petroleum fuels”. This is a complete rejection of the position by Espinet who obviously enjoys considerable clout in this administration and who, I felt, would not have spoken with such certainty without clearance from “higher up”. I was right. The prime minister has rejected his minister’s position and sided with Espinet, saying the Government “remains open” to proposals from investors to lease, buy or enter into arrangements for the assets of Paria.
The rapidity of changing positions is suspicious. Today, the Rowley-endorsed Espinet says, “I can think of no strategic reason for the State to keep Paria.” But this is a complete rejection of his own position of three months ago, when under his chairmanship of TPH, Paria was being advertised as having “access to strategic linkages and high-level market intelligence”, that “our significant infrastructure positions us to offer safe, responsible and efficient terminal operations and trading of petroleum products.” What happened?! Was TPH deliberately deceiving the nation about Paria then? Did the prime minister approve of this?
Today Espinet says Paria was not intended “to be a business.”
But didn’t your advertisement boast of the company’s business qualities with operations “ideally located at Pointe-a-Pierre, our fuel terminal strategically positioned in the Gulf of Paria between the North and South Atlantic sea lanes?” You touted Paria’s credentials saying, “as a performance driven company we will ensure fuel security for the country, supplying world-class fuels for automotive, marine and aviation applications, in addition to bunkering and selling crude oil to the world.” Now you say Paria “wasn’t something we wanted to do as a business!” Scandalous! Is downright, deliberate deception at work here?
Rowley’s siding with Espinet deepens suspicions of collusion. Was the Prime Minister’s absence from the country deliberate while Espinet had that explosive interview in the Sunday Express and which his minister obviously didn’t know about? Is a larger plan being executed? Espinet says, the supply of fuel “could be taken over by people eventually”. Which “people”? Friends and financiers of the ruling party? Was it the intention all along to place importation of fuel in their hands, and ownership of strategic assets: tank farms, port infrastructure and real estate previously owned by Petrotrin? A very real possibility, as procurement regulations mysteriously languish in the finance minister’s office. Indeed in that Express interview, Espinet did reveal the larger intent. He had issued two RFPs, one for the refinery and the other for Paria, saying they could be conjoined, that “somebody working on the refinery will need the assets” of Paria. And this position is endorsed by the nation’s prime minister! Pity the betrayed people of T&T.
I maintain it was an insane decision to completely shut down the refinery. As part of the restructuring, we should have kept Petrotrin as a State company, producing for local consumption only. It was the way to ensure the nation’s energy security, now detonated by this administration. Today, we face the vulnerability of having to import 25,000 bpd of refined liquid fuels. Worse, it is obvious both the refinery and Paria would end up with a favoured private investor who will enjoy a powerful monopoly as a provider of gas, diesel, motor oils, bitumen etc, completely controlling the nation’s transportation. This is extremely dangerous! From a state monopoly with welfare of the people as raison d’etre, we are moving to a private monopoly with personal profits and swelling bank accounts as main motivation. And with unprecedented control of the national economy! Wouldn’t such a private entity be an untouchable, calling the shots, leaving an emasculated government in Trinidad and Tobago? Doesn’t this constitute a betrayal of our independence and sovereignty? Where are the patriots of Trinidad and Tobago? So sad!
We must recall the board did not recommend the closure of the refinery. Neither did three independent reports to the cabinet. Did political investors, the wheeling and dealing wolves, influence the prime minister and will they, along with high government officials, now devour the Petrotrin patrimony? Is that the deception and betrayal now being played out in Trinidad and Tobago? Is this the Petrotrin sin being perpetrated by the Rowley administration?
I recall a letter to the editor by one Catherine Murphy where she tells the Government: “You came like a thief in the night and caused destruction and havoc. You have stolen my peace of mind.”
Today, there is significant loss of faith in this country; trust in the society is being irredeemably shaken. This is the massive Petrotrin deception and betrayal now unfolding.
I told men that Petrotrin was sold long before anyone else.hydroep wrote:Deception and betrayal
Ralph Maraj
Mar 23, 2019
I HAVE called it the Petrotrin sin and warned that its effects will long endure. We see this now unfolding. After the brutal closure of the refinery, hurting over 10,000 persons, directly and indirectly, they formed Trinidad Petroleum Holdings (TPH), with three subsidiaries including Paria Fuel Trading Company, claiming these would lead us from the economic doldrums.
They then grandly heralded Paria as “the future of fuel” which “will lead the region in the fuel logistics and trading business”.
But after such hyperbolic proclamations, we suddenly learnt from TPH chairman Wilfred Espinet, in last Sunday’s Express, that Paria had been put up for sale! What?!
But then, the next day, Energy Minister Franklin Khan said Government has halted the sale, directing TPH “to withdraw any Request for Proposals”, that there was no “current mandate” to divest Paria.
Indeed, Khan quite rightly sees Paria as a strategic asset, “ensuring the security of supply of liquid petroleum fuels”. This is a complete rejection of the position by Espinet who obviously enjoys considerable clout in this administration and who, I felt, would not have spoken with such certainty without clearance from “higher up”. I was right. The prime minister has rejected his minister’s position and sided with Espinet, saying the Government “remains open” to proposals from investors to lease, buy or enter into arrangements for the assets of Paria.
The rapidity of changing positions is suspicious. Today, the Rowley-endorsed Espinet says, “I can think of no strategic reason for the State to keep Paria.” But this is a complete rejection of his own position of three months ago, when under his chairmanship of TPH, Paria was being advertised as having “access to strategic linkages and high-level market intelligence”, that “our significant infrastructure positions us to offer safe, responsible and efficient terminal operations and trading of petroleum products.” What happened?! Was TPH deliberately deceiving the nation about Paria then? Did the prime minister approve of this?
Today Espinet says Paria was not intended “to be a business.”
But didn’t your advertisement boast of the company’s business qualities with operations “ideally located at Pointe-a-Pierre, our fuel terminal strategically positioned in the Gulf of Paria between the North and South Atlantic sea lanes?” You touted Paria’s credentials saying, “as a performance driven company we will ensure fuel security for the country, supplying world-class fuels for automotive, marine and aviation applications, in addition to bunkering and selling crude oil to the world.” Now you say Paria “wasn’t something we wanted to do as a business!” Scandalous! Is downright, deliberate deception at work here?
Rowley’s siding with Espinet deepens suspicions of collusion. Was the Prime Minister’s absence from the country deliberate while Espinet had that explosive interview in the Sunday Express and which his minister obviously didn’t know about? Is a larger plan being executed? Espinet says, the supply of fuel “could be taken over by people eventually”. Which “people”? Friends and financiers of the ruling party? Was it the intention all along to place importation of fuel in their hands, and ownership of strategic assets: tank farms, port infrastructure and real estate previously owned by Petrotrin? A very real possibility, as procurement regulations mysteriously languish in the finance minister’s office. Indeed in that Express interview, Espinet did reveal the larger intent. He had issued two RFPs, one for the refinery and the other for Paria, saying they could be conjoined, that “somebody working on the refinery will need the assets” of Paria. And this position is endorsed by the nation’s prime minister! Pity the betrayed people of T&T.
I maintain it was an insane decision to completely shut down the refinery. As part of the restructuring, we should have kept Petrotrin as a State company, producing for local consumption only. It was the way to ensure the nation’s energy security, now detonated by this administration. Today, we face the vulnerability of having to import 25,000 bpd of refined liquid fuels. Worse, it is obvious both the refinery and Paria would end up with a favoured private investor who will enjoy a powerful monopoly as a provider of gas, diesel, motor oils, bitumen etc, completely controlling the nation’s transportation. This is extremely dangerous! From a state monopoly with welfare of the people as raison d’etre, we are moving to a private monopoly with personal profits and swelling bank accounts as main motivation. And with unprecedented control of the national economy! Wouldn’t such a private entity be an untouchable, calling the shots, leaving an emasculated government in Trinidad and Tobago? Doesn’t this constitute a betrayal of our independence and sovereignty? Where are the patriots of Trinidad and Tobago? So sad!
We must recall the board did not recommend the closure of the refinery. Neither did three independent reports to the cabinet. Did political investors, the wheeling and dealing wolves, influence the prime minister and will they, along with high government officials, now devour the Petrotrin patrimony? Is that the deception and betrayal now being played out in Trinidad and Tobago? Is this the Petrotrin sin being perpetrated by the Rowley administration?
I recall a letter to the editor by one Catherine Murphy where she tells the Government: “You came like a thief in the night and caused destruction and havoc. You have stolen my peace of mind.”
Today, there is significant loss of faith in this country; trust in the society is being irredeemably shaken. This is the massive Petrotrin deception and betrayal now unfolding.
https://www.trinidadexpress.com/opinion/columnists/deception-and-betrayal/article_6f625888-4dce-11e9-a501-87a995666e02.html
zoom rader wrote:I told men that Petrotrin was sold long before anyone else.hydroep wrote:Deception and betrayal
Ralph Maraj
Mar 23, 2019
I HAVE called it the Petrotrin sin and warned that its effects will long endure. We see this now unfolding. After the brutal closure of the refinery, hurting over 10,000 persons, directly and indirectly, they formed Trinidad Petroleum Holdings (TPH), with three subsidiaries including Paria Fuel Trading Company, claiming these would lead us from the economic doldrums.
They then grandly heralded Paria as “the future of fuel” which “will lead the region in the fuel logistics and trading business”.
But after such hyperbolic proclamations, we suddenly learnt from TPH chairman Wilfred Espinet, in last Sunday’s Express, that Paria had been put up for sale! What?!
But then, the next day, Energy Minister Franklin Khan said Government has halted the sale, directing TPH “to withdraw any Request for Proposals”, that there was no “current mandate” to divest Paria.
Indeed, Khan quite rightly sees Paria as a strategic asset, “ensuring the security of supply of liquid petroleum fuels”. This is a complete rejection of the position by Espinet who obviously enjoys considerable clout in this administration and who, I felt, would not have spoken with such certainty without clearance from “higher up”. I was right. The prime minister has rejected his minister’s position and sided with Espinet, saying the Government “remains open” to proposals from investors to lease, buy or enter into arrangements for the assets of Paria.
The rapidity of changing positions is suspicious. Today, the Rowley-endorsed Espinet says, “I can think of no strategic reason for the State to keep Paria.” But this is a complete rejection of his own position of three months ago, when under his chairmanship of TPH, Paria was being advertised as having “access to strategic linkages and high-level market intelligence”, that “our significant infrastructure positions us to offer safe, responsible and efficient terminal operations and trading of petroleum products.” What happened?! Was TPH deliberately deceiving the nation about Paria then? Did the prime minister approve of this?
Today Espinet says Paria was not intended “to be a business.”
But didn’t your advertisement boast of the company’s business qualities with operations “ideally located at Pointe-a-Pierre, our fuel terminal strategically positioned in the Gulf of Paria between the North and South Atlantic sea lanes?” You touted Paria’s credentials saying, “as a performance driven company we will ensure fuel security for the country, supplying world-class fuels for automotive, marine and aviation applications, in addition to bunkering and selling crude oil to the world.” Now you say Paria “wasn’t something we wanted to do as a business!” Scandalous! Is downright, deliberate deception at work here?
Rowley’s siding with Espinet deepens suspicions of collusion. Was the Prime Minister’s absence from the country deliberate while Espinet had that explosive interview in the Sunday Express and which his minister obviously didn’t know about? Is a larger plan being executed? Espinet says, the supply of fuel “could be taken over by people eventually”. Which “people”? Friends and financiers of the ruling party? Was it the intention all along to place importation of fuel in their hands, and ownership of strategic assets: tank farms, port infrastructure and real estate previously owned by Petrotrin? A very real possibility, as procurement regulations mysteriously languish in the finance minister’s office. Indeed in that Express interview, Espinet did reveal the larger intent. He had issued two RFPs, one for the refinery and the other for Paria, saying they could be conjoined, that “somebody working on the refinery will need the assets” of Paria. And this position is endorsed by the nation’s prime minister! Pity the betrayed people of T&T.
I maintain it was an insane decision to completely shut down the refinery. As part of the restructuring, we should have kept Petrotrin as a State company, producing for local consumption only. It was the way to ensure the nation’s energy security, now detonated by this administration. Today, we face the vulnerability of having to import 25,000 bpd of refined liquid fuels. Worse, it is obvious both the refinery and Paria would end up with a favoured private investor who will enjoy a powerful monopoly as a provider of gas, diesel, motor oils, bitumen etc, completely controlling the nation’s transportation. This is extremely dangerous! From a state monopoly with welfare of the people as raison d’etre, we are moving to a private monopoly with personal profits and swelling bank accounts as main motivation. And with unprecedented control of the national economy! Wouldn’t such a private entity be an untouchable, calling the shots, leaving an emasculated government in Trinidad and Tobago? Doesn’t this constitute a betrayal of our independence and sovereignty? Where are the patriots of Trinidad and Tobago? So sad!
We must recall the board did not recommend the closure of the refinery. Neither did three independent reports to the cabinet. Did political investors, the wheeling and dealing wolves, influence the prime minister and will they, along with high government officials, now devour the Petrotrin patrimony? Is that the deception and betrayal now being played out in Trinidad and Tobago? Is this the Petrotrin sin being perpetrated by the Rowley administration?
I recall a letter to the editor by one Catherine Murphy where she tells the Government: “You came like a thief in the night and caused destruction and havoc. You have stolen my peace of mind.”
Today, there is significant loss of faith in this country; trust in the society is being irredeemably shaken. This is the massive Petrotrin deception and betrayal now unfolding.
https://www.trinidadexpress.com/opinion/columnists/deception-and-betrayal/article_6f625888-4dce-11e9-a501-87a995666e02.html
PNM champion Redman did not believe it when I broke the news here it was going tobe sold .
As the PNM prime Minster said his party are not in the bussiness of privatisation.
But then again he's a 1% puppet
Bro hope you know Ralph is a PNMrandolphinshan wrote:zoom rader wrote:I told men that Petrotrin was sold long before anyone else.hydroep wrote:Deception and betrayal
Ralph Maraj
Mar 23, 2019
I HAVE called it the Petrotrin sin and warned that its effects will long endure. We see this now unfolding. After the brutal closure of the refinery, hurting over 10,000 persons, directly and indirectly, they formed Trinidad Petroleum Holdings (TPH), with three subsidiaries including Paria Fuel Trading Company, claiming these would lead us from the economic doldrums.
They then grandly heralded Paria as “the future of fuel” which “will lead the region in the fuel logistics and trading business”.
But after such hyperbolic proclamations, we suddenly learnt from TPH chairman Wilfred Espinet, in last Sunday’s Express, that Paria had been put up for sale! What?!
But then, the next day, Energy Minister Franklin Khan said Government has halted the sale, directing TPH “to withdraw any Request for Proposals”, that there was no “current mandate” to divest Paria.
Indeed, Khan quite rightly sees Paria as a strategic asset, “ensuring the security of supply of liquid petroleum fuels”. This is a complete rejection of the position by Espinet who obviously enjoys considerable clout in this administration and who, I felt, would not have spoken with such certainty without clearance from “higher up”. I was right. The prime minister has rejected his minister’s position and sided with Espinet, saying the Government “remains open” to proposals from investors to lease, buy or enter into arrangements for the assets of Paria.
The rapidity of changing positions is suspicious. Today, the Rowley-endorsed Espinet says, “I can think of no strategic reason for the State to keep Paria.” But this is a complete rejection of his own position of three months ago, when under his chairmanship of TPH, Paria was being advertised as having “access to strategic linkages and high-level market intelligence”, that “our significant infrastructure positions us to offer safe, responsible and efficient terminal operations and trading of petroleum products.” What happened?! Was TPH deliberately deceiving the nation about Paria then? Did the prime minister approve of this?
Today Espinet says Paria was not intended “to be a business.”
But didn’t your advertisement boast of the company’s business qualities with operations “ideally located at Pointe-a-Pierre, our fuel terminal strategically positioned in the Gulf of Paria between the North and South Atlantic sea lanes?” You touted Paria’s credentials saying, “as a performance driven company we will ensure fuel security for the country, supplying world-class fuels for automotive, marine and aviation applications, in addition to bunkering and selling crude oil to the world.” Now you say Paria “wasn’t something we wanted to do as a business!” Scandalous! Is downright, deliberate deception at work here?
Rowley’s siding with Espinet deepens suspicions of collusion. Was the Prime Minister’s absence from the country deliberate while Espinet had that explosive interview in the Sunday Express and which his minister obviously didn’t know about? Is a larger plan being executed? Espinet says, the supply of fuel “could be taken over by people eventually”. Which “people”? Friends and financiers of the ruling party? Was it the intention all along to place importation of fuel in their hands, and ownership of strategic assets: tank farms, port infrastructure and real estate previously owned by Petrotrin? A very real possibility, as procurement regulations mysteriously languish in the finance minister’s office. Indeed in that Express interview, Espinet did reveal the larger intent. He had issued two RFPs, one for the refinery and the other for Paria, saying they could be conjoined, that “somebody working on the refinery will need the assets” of Paria. And this position is endorsed by the nation’s prime minister! Pity the betrayed people of T&T.
I maintain it was an insane decision to completely shut down the refinery. As part of the restructuring, we should have kept Petrotrin as a State company, producing for local consumption only. It was the way to ensure the nation’s energy security, now detonated by this administration. Today, we face the vulnerability of having to import 25,000 bpd of refined liquid fuels. Worse, it is obvious both the refinery and Paria would end up with a favoured private investor who will enjoy a powerful monopoly as a provider of gas, diesel, motor oils, bitumen etc, completely controlling the nation’s transportation. This is extremely dangerous! From a state monopoly with welfare of the people as raison d’etre, we are moving to a private monopoly with personal profits and swelling bank accounts as main motivation. And with unprecedented control of the national economy! Wouldn’t such a private entity be an untouchable, calling the shots, leaving an emasculated government in Trinidad and Tobago? Doesn’t this constitute a betrayal of our independence and sovereignty? Where are the patriots of Trinidad and Tobago? So sad!
We must recall the board did not recommend the closure of the refinery. Neither did three independent reports to the cabinet. Did political investors, the wheeling and dealing wolves, influence the prime minister and will they, along with high government officials, now devour the Petrotrin patrimony? Is that the deception and betrayal now being played out in Trinidad and Tobago? Is this the Petrotrin sin being perpetrated by the Rowley administration?
I recall a letter to the editor by one Catherine Murphy where she tells the Government: “You came like a thief in the night and caused destruction and havoc. You have stolen my peace of mind.”
Today, there is significant loss of faith in this country; trust in the society is being irredeemably shaken. This is the massive Petrotrin deception and betrayal now unfolding.
https://www.trinidadexpress.com/opinion/columnists/deception-and-betrayal/article_6f625888-4dce-11e9-a501-87a995666e02.html
PNM champion Redman did not believe it when I broke the news here it was going tobe sold .
As the PNM prime Minster said his party are not in the bussiness of privatisation.
But then again he's a 1% puppet
Why this Kant Ralph cannot be quiet .Keep the refinery to only produce fuel for the local market.Is this man serious .We consume only 25 K bod of refined product while the refinery has a stated capacity of 160 k bpd of crude oil.Ralph does not know anything about refinery operations.
Would be nice if all the crude Kams and Uncle Khalid boasted to have found in Trinmar acreage could be found tho.... just saying.
randolphinshan wrote:zoom rader wrote:I told men that Petrotrin was sold long before anyone else.hydroep wrote:Deception and betrayal
Ralph Maraj
Mar 23, 2019
I HAVE called it the Petrotrin sin and warned that its effects will long endure. We see this now unfolding. After the brutal closure of the refinery, hurting over 10,000 persons, directly and indirectly, they formed Trinidad Petroleum Holdings (TPH), with three subsidiaries including Paria Fuel Trading Company, claiming these would lead us from the economic doldrums.
They then grandly heralded Paria as “the future of fuel” which “will lead the region in the fuel logistics and trading business”.
But after such hyperbolic proclamations, we suddenly learnt from TPH chairman Wilfred Espinet, in last Sunday’s Express, that Paria had been put up for sale! What?!
But then, the next day, Energy Minister Franklin Khan said Government has halted the sale, directing TPH “to withdraw any Request for Proposals”, that there was no “current mandate” to divest Paria.
Indeed, Khan quite rightly sees Paria as a strategic asset, “ensuring the security of supply of liquid petroleum fuels”. This is a complete rejection of the position by Espinet who obviously enjoys considerable clout in this administration and who, I felt, would not have spoken with such certainty without clearance from “higher up”. I was right. The prime minister has rejected his minister’s position and sided with Espinet, saying the Government “remains open” to proposals from investors to lease, buy or enter into arrangements for the assets of Paria.
The rapidity of changing positions is suspicious. Today, the Rowley-endorsed Espinet says, “I can think of no strategic reason for the State to keep Paria.” But this is a complete rejection of his own position of three months ago, when under his chairmanship of TPH, Paria was being advertised as having “access to strategic linkages and high-level market intelligence”, that “our significant infrastructure positions us to offer safe, responsible and efficient terminal operations and trading of petroleum products.” What happened?! Was TPH deliberately deceiving the nation about Paria then? Did the prime minister approve of this?
Today Espinet says Paria was not intended “to be a business.”
But didn’t your advertisement boast of the company’s business qualities with operations “ideally located at Pointe-a-Pierre, our fuel terminal strategically positioned in the Gulf of Paria between the North and South Atlantic sea lanes?” You touted Paria’s credentials saying, “as a performance driven company we will ensure fuel security for the country, supplying world-class fuels for automotive, marine and aviation applications, in addition to bunkering and selling crude oil to the world.” Now you say Paria “wasn’t something we wanted to do as a business!” Scandalous! Is downright, deliberate deception at work here?
Rowley’s siding with Espinet deepens suspicions of collusion. Was the Prime Minister’s absence from the country deliberate while Espinet had that explosive interview in the Sunday Express and which his minister obviously didn’t know about? Is a larger plan being executed? Espinet says, the supply of fuel “could be taken over by people eventually”. Which “people”? Friends and financiers of the ruling party? Was it the intention all along to place importation of fuel in their hands, and ownership of strategic assets: tank farms, port infrastructure and real estate previously owned by Petrotrin? A very real possibility, as procurement regulations mysteriously languish in the finance minister’s office. Indeed in that Express interview, Espinet did reveal the larger intent. He had issued two RFPs, one for the refinery and the other for Paria, saying they could be conjoined, that “somebody working on the refinery will need the assets” of Paria. And this position is endorsed by the nation’s prime minister! Pity the betrayed people of T&T.
I maintain it was an insane decision to completely shut down the refinery. As part of the restructuring, we should have kept Petrotrin as a State company, producing for local consumption only. It was the way to ensure the nation’s energy security, now detonated by this administration. Today, we face the vulnerability of having to import 25,000 bpd of refined liquid fuels. Worse, it is obvious both the refinery and Paria would end up with a favoured private investor who will enjoy a powerful monopoly as a provider of gas, diesel, motor oils, bitumen etc, completely controlling the nation’s transportation. This is extremely dangerous! From a state monopoly with welfare of the people as raison d’etre, we are moving to a private monopoly with personal profits and swelling bank accounts as main motivation. And with unprecedented control of the national economy! Wouldn’t such a private entity be an untouchable, calling the shots, leaving an emasculated government in Trinidad and Tobago? Doesn’t this constitute a betrayal of our independence and sovereignty? Where are the patriots of Trinidad and Tobago? So sad!
We must recall the board did not recommend the closure of the refinery. Neither did three independent reports to the cabinet. Did political investors, the wheeling and dealing wolves, influence the prime minister and will they, along with high government officials, now devour the Petrotrin patrimony? Is that the deception and betrayal now being played out in Trinidad and Tobago? Is this the Petrotrin sin being perpetrated by the Rowley administration?
I recall a letter to the editor by one Catherine Murphy where she tells the Government: “You came like a thief in the night and caused destruction and havoc. You have stolen my peace of mind.”
Today, there is significant loss of faith in this country; trust in the society is being irredeemably shaken. This is the massive Petrotrin deception and betrayal now unfolding.
https://www.trinidadexpress.com/opinion/columnists/deception-and-betrayal/article_6f625888-4dce-11e9-a501-87a995666e02.html
PNM champion Redman did not believe it when I broke the news here it was going tobe sold .
As the PNM prime Minster said his party are not in the bussiness of privatisation.
But then again he's a 1% puppet
Why this Kant Ralph cannot be quiet .Keep the refinery to only produce fuel for the local market.Is this man serious .We consume only 25 K bod of refined product while the refinery has a stated capacity of 160 k bpd of crude oil.Ralph does not know anything about refinery operations.
Would be nice if all the crude Kams and Uncle Khalid boasted to have found in Trinmar acreage could be found tho.... just saying.
zoom rader wrote:Bro hope you know Ralph is a PNMrandolphinshan wrote:
Why this Kant Ralph cannot be quiet .Keep the refinery to only produce fuel for the local market.Is this man serious .We consume only 25 K bod of refined product while the refinery has a stated capacity of 160 k bpd of crude oil.Ralph does not know anything about refinery operations.
Would be nice if all the crude Kams and Uncle Khalid boasted to have found in Trinmar acreage could be found tho.... just saying.
Jah bless PNM,Ben_spanna wrote:lots of birdies singing that the Chinese GOVT ALREADY OWNS IT... which would make sense...they already in charge of the pitch lake, and soon they will be in contolr of most of our resources..... CARICOM is making sure they selling out the Caribbean as a whole.
The_Honourable wrote:Trinidad Petroleum Holdings Limited has received 58 bids for the purchase of the Guaracara Refinery.
zoom rader wrote:Jah bless PNM,Ben_spanna wrote:lots of birdies singing that the Chinese GOVT ALREADY OWNS IT... which would make sense...they already in charge of the pitch lake, and soon they will be in contolr of most of our resources..... CARICOM is making sure they selling out the Caribbean as a whole.
all yuh vote for dat
kstt wrote:Roget missing from the protest.
Arabs and 1% are the same people.Redman wrote:zoom rader wrote:Jah bless PNM,Ben_spanna wrote:lots of birdies singing that the Chinese GOVT ALREADY OWNS IT... which would make sense...they already in charge of the pitch lake, and soon they will be in contolr of most of our resources..... CARICOM is making sure they selling out the Caribbean as a whole.
all yuh vote for dat
Since Q1 2017 buyers have boots on the ground.
Chinese
Arabs
US
French
Locals.
The sale of the refinery isnt a new thing.
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