THE GOVERNMENT did not favour anyone or give anything away when it chose a company owned by the Oilfields Workers’ Trade Union (OWTU) as the preferred bidder for the Pointe-a-Pierre refinery, Energy Minister Franklin Khan said yesterday.
Speaking at the opening of a National Petroleum (NP) service station and QuickShoppe Plus at Cyrus Road in El Socorro, off the Churchill-Roosevelt Highway, Khan said: “Last week, the big news was Petrotrin being owned 100 per cent by the OWTU. There was an international call for requests, a multidisciplinary team and 31 companies with bids. Patriotic came through a transparent process. We did not give away anything. We did not favour anyone.”
Last Friday, Finance Minister Colm Imbert announced that Patriotic Energies and Technologies—which is OWTU owned—was Cabinet’s choice for the refinery with an upfront consideration of US$700 million for what was formerly the Petrotrin refinery.