OWTU buys ‘Petrotrin refinery’ with US $700m bid

Sold to the Oilfields Wor­kers’ Trade Union (OWTU) for US$700 million ($4.76 billion).

A company wholly owned by the OWTU has been selected as the preferred bidder of the State-owned Pointe-a-Pierre refinery, formerly Petrotrin.

Finance Minister Colm Imbert announced yesterday that Patriotic Energies and.


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