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Petrotrin Board Dismisses Proposed Refinery Restructure Plan.

by | Sep 29, 2018 | 3 comments

The Board of Directors at Petroleum says it has reviewed the Oilfields Workers Trade Union’s plan to restructure the Company but claims that it was not a viable option.

In a media release Petrotrin explained that in addition to the restructuring plan, the Union had also tabled a proposal for leasing the Pointe-a-Pierre refinery.

It noted that this was done during a two hour long meeting on Thursday at Petrotrin’s Pointe-a-Pierre Staff Club which was a follow –up to last week’s meeting.

Petrotrin’s Chairman Wilfred Espinet stated that the Board advised the Union that the proposal failed to address critical issues regarding financing and profitability and there was insufficient information to give the Board an understanding of how the plan would work.

He said that the Union also brought to Thursday’s meeting a lease proposal that was different to the one that had been presented last week.

The Board advised the Union that it would review the proposal but confirmed that it would be proceeding with its transition plans for a safe and efficient shutdown of the refinery and the preservation of the Company’s assets.

At the meeting, the Board advised the Union that Petrotrin’s operations will cease on November 30th 2018 and that all permanent employees will receive their termination by the terms of the relevant collective agreements.

The Company plans to meet next week with the Union and Associations to provide further information on termination packages and the exit procedure.

3 Comments

  1. Jerry C Hussain

    Fedchem/Yara where I worked tirelessly fixing the Chemico, Old CF Braun designed Plant now called the Yara Plant, The Tringen 1 & 11 T&T 51% owned plants I was heavily taxed for my chemical engineering skills (having graduated in 1977 from the University of Toronto, Toronto, Ontario, Canada in the post MLK years where discrimmination climbed over the fence from USA). PNM sought our skills to come back home to jump start many of their plants at Point Lisas.. Tired of the discrimination washing dishes at cheap restaurants I decided with other thoughts to pack up and come home. When I did I was told you were not the ones in the audience they wanted but their own PNM (Chinese Peter who was PNM wanted my ceramic skills to help them start a Ceramics Plant in Point Lisas making white sanitary toilet sets). Little did I know that it was just my skills and know how they wanted from me as I was put through (7) seven interviews by different PNM high profiled persons. Eventually, I got fed up and refused to offer my services. I then went to work at Fedchem on the 12th September, 1977 and worked there till the 30th May, 2006 after several attempts on my life. I was given Workmans Compensation by the High Court of T&T in 2006 ( I was then medically boarded by Yara; my boss the French Creole worked in a wheelchair until his retirement ten years plus later). The attempts on my life had to do with the Norweigans (YARA) , Malcolm Jones, Sidney Knox, Andrew Chandler, Max de Verteuil, Mark Loquan, and with the help of the company doctor. I knew too much about their stealing out the company over the years and was no suck up to them. In my 28.5 years working to keep their plants working I knew the fraud only too well. The high point of their fraud is Section 34 where Ish who owned North Construction got the major contract to procure/build Tringen in 1986 to 1988 for $250 million USD. Instead he built the plant for 180 million USD and $70 million USD disappeared. The plan to defraud the plant of $70 million USD was hatched by Mr Jones/ Peter Grace ( Peter Grace was forced before the Supreme Court for tax evasion). Meanwhile Jones who never figured PNM would lose the 1986 election to NAR and Bas Panday went full throttle on the fraudulent deal. When Bas saw what was happening before Club 88 was formed he wanted in. And so, for Ish to avoid jail in the USA by snitching either to the USA government or in T&T where he is wanted Kamla and Rowley hatched the Section 34 plan and played all of us. Send me your email and I will send you a document to support this. Meanwhile, I was targeted for death because of this document where following a year of many failures of the plant in its commissioning year of the entire 1988, the bank closed the project to build the plant and send the 70 million USD back to the treasur and I was duly informed. Even the DCS was obsolete. Many control equipment were wrongly bought and very costly explosions took place in 1988. Yara was interested in Fedchem since 1986 and took over in January 1991. And this, they continued their non ammonia engineering experience and fraudulent behaviour. They are also racist and mainly only recognising PNMites, and one percent French Creoles and businesses they need and can benefit from. Briefly Process Engineering to which i belonged over all my engineering years with the company was moved to Brussels, Belgium, France. From the Mostad, Hydro Agri President years Hydro Agri/Yara bought cheap engineering solutions to the complex. The plant onstream time factors are dangerously low as because of the heavy hydrocarbon liquids in the natural gas Feedstock through law suits threats they get the gas at their price. They produce hotter than normal anhydrous ammonia liquid and back charge T&T for losses in the over sea transport. They buy cheap equipment catalyst, equipment and electronics to run the plant. How do i know …..I worked oncall to fix the plant in the highest supervisory role from 1978 to 2004; in 2004 I was crippled in a job below my pay grade and injured for life without NIS or severence and was forced off the job. Also I was the critical job project engineering lead for over 20 years there in numerous plant Turnaround and got damaged doing critical path jobs and confined space entry exercises. This is not my job as a root cause chemical engineering Specialst. As I say they wanted me dead. My problems started in the 70s when Knox through hid Industrial Gases Nitrogen Plant Facility (IGL) was over invoicing Fedchem for millions of dollars in nitrogen sales when his underground pipeline had a massive leak. I through a big effort analysed those invoices to try to ratify them for payment and then when I could not, found the leak which became obvious during a heavy rainfall beyond Fedchem battery limits. Knox fingered me for that ever since. I can tell you Mark loquan’s father got him a Management position a year or two employed. He, his father was head of Colonial life then and gave Fedchem choiced business deals for many favors. Richard de la Bastide is connected to Knox and his mother in the Tate and Lye days boasted as the tongue was losened then under alcohol that her son who was then at McMaster University in Canada would be the first local Fedchem President. When Mark became the first before him he was blue vex and could not contain himself. I, many times their senior and seen as a performer was asked to train both of them. My opinion….they taught engineering could be done through books. The books only give you design principles which you then use to define problems, provide economical solutions, avoid disasters of any kind and procure the correctly designed equipment for difficult processes, e,g. a control valve for mulitiphase flow of gases,liquids and even solids like in the heavily laden contaminated natural gas we sell only filtered from the platform and the on land slug catcher cannot filter out. I give you one of many issues that require sound economic safe and profitable solutions. OWTU since The Weeks days is only for double and triple overtime where jobs are never done timely and dragged on. But more importantly its about greedy, lazy, fraudulent, lack of performing and unqualified PNM and UNC management in place for years no different from Kavanaugh for Supreme Court in USA. We copy from them big time. Hence a lot of hole in the wall engineering from USA came to Petrotrin over the years and still do. Back then these firms had a $2000 USD untaxable back in the day. Young engineers like myself would get a $100 US ( we had exchange controls back then) to print their bids and submit on their behalf.

    • Jerry C Hussain

      I can give you many more wrong doings at Petrotrin and elsewhere in Point Lisas. PNM clearly did not know what they were doing and UNC capitalised on the wrong actions by PNM by stealing even more from fake and fraudulent deals and we the tax paying public who gets little from government suffers poverty. But God doh sleep. If they think hell is not for them like Pathos and Jones with Julien to come intense suffering is come.

  2. Jerry Hussain

    The African black slavery freeness where they stay in the tribe and live happily at the expense of others who are crippled for life by their system is now coming to an aweful close for they inocent children and grandchildren who will pay for their misdeeds. PNM and UNC is behind all of this. They were the house negros and suck ups to the white foreigner like Graham and Ali ans tge more recent the three Js Jupiter, Julien and Jones. We, I, who was once part of OWTU under Weeks saw the destruction under McLoed, and now Roget. I was send packing to a life of misery by Yara another white, Racist, Exploiting Massa still in Trinidad raking in Trillions from this poor country. Who cares. God does so bring it on PNM. You, your 1percenters, bastard French Creole your hell will come for sure. You do not know what I am talking about. Richard dela Bastide, Mark Loquan and Fitzroy Harewood never performed in their life. But they are just the pawns to keep engineers like me down and out. God doh sleep.