OWTU, PM meet on Petrotrin

Monday, February 13, 2017 - 16:00

The Oilfield Workers Trade Union says it has met with Prime Minister Dr Keith Rowley and have discussed the restructuring of state-owned oil company, Petrotrin.

The OWTU says in a statement that two of its members will form part of a Restructuring Committee proposed by the Government.

The following is the statement by the OWTU:

"The OWTU's Central Executive, led by President General Ancel Roget, met with Prime Minister Dr. Keith Rowley today, Monday 13th February 2017, to discuss the restructuring of Petrotrin.

The meeting was held at the Office of the Prime Minister, #15 St. Clair Avenue, Port-of, Spain, and lasted for approximately one and a half hours. 
On 29th December 2016, the OWTU submitted a detailed proposal outlining the need for the urgent restructuring of Petrotrin.

Today’s meeting was the first of a number of meetings to come to deal with the issue.
At today’s meeting, the Prime Minister proposed that a seven (7) member Committee be established to deal with, and make recommendations for, the best option for the restructuring of Petrotrin going forward.

This Committee will determine the best model for the eventual restructuring of the state-owned oil Company.  

The OWTU was invited to submit two (2) members to sit on the proposed Restructuring Committee.

Minister Stuart Young, Minister in the Office of the Prime Minister, and Minister Camille Robinson-Regis, Minister of Planning and Development, were also present at this morning's meeting."

There has been no official statement by the Office of the Prime Minister on this matter by the time of this report (4.15 pm).