Petrotrin Report Goes Before Cabinet on 13 July

The Energy Sub-Committee of the Cabinet met today, July 3 2017, to review the recently completed report on the operations of State-owned Petrotrin for a second time. The Energy Sub-Committee is chaired by Prime Minister, Dr. the Honourable Keith Rowley.

On this occasion the sub-committee was in receipt of responses to the report from Petrotrin, Ministry of Energy and Energy Industries, Ministry of Finance, the National Gas Company (NGC) and Mr Wendell Mottley, a distinguished member of the Energy Sub-Committee.

The Petrotrin Report will go before Cabinet for consideration on Thursday 13^th July 2017 for its decision on the way forward for the energy company.

The Petrotrin Review Committee was appointed by the Prime Minister in March following a Cabinet decision that called for a review of operations at Petrotrin in light of the company’s falling revenues, allegations of mismanagement and decreasing oil prices worldwide.

The Petrotrin Review Committee is chaired by Selwyn Lashley, Permanent Secretary, Ministry of Energy & Energy Industries. Other members include Professor Chandrabhan Sharma, Department of Electrical and Computer Engineering, Faculty of Engineering, University of the West Indies; Helen Drayton, former Independent Senator; Robert Riley, Head of Safety and Operational Risk, Competency and Capability Development at the BP Group in London and former Chairman and Chief Executive Officer of BPTT; Wilfred Espinet, AeroMarine Trinidad Limited; Gregory Marchan, Representative of the Oilfield Workers Trade Union (OWTU) and David Abdullah, Representative of the Oilfield Workers Trade Union (OWTU).

The committee submitted its findings in a comprehensive report on June 6 and have agreed to remain empanelled on assignment with Cabinet until December 31^st 2017.