Pa­tri­ot­ic En­er­gies and Tech­nolo­gies Com­pa­ny Ltd

OWTU to buy Petrotrin refinery for US$700 million

Cab­i­net has agreed to se­lect Pa­tri­ot­ic En­er­gies and Tech­nolo­gies Com­pa­ny Ltd (PET­CL),- a com­pa­ny whol­ly owned by the Oil­field Work­ers Trade Union (OW­TU) as the pre­ferred bid­der for the sale of Petrotrin's re­fin­ery.

The an­nounce­ment was made by Fi­nance Min­is­ter Colm Im­bert in Par­lia­ment.