Power102FM

The Prime Minister says Petrotrin debt will not be serviced without Government’s Intervention

Image result for Oilfield Workers Trade Union

Oilfield Workers Trade Union

The Prime Minister says the government plans to meet with the Oilfield Workers Trade Union to discuss the way forward… this as

Petrotrin’s $20 billion dollar debt becomes due shortly.

Calling the development a worrisome one, Dr. Rowley noted that Petrotrin will not be able to service this debt, unless the government

intervenes.

Meanwhile, in light a of lower than normal oil production rate, the Prime Minister said negotiations are underway with Venezuela’s

government in a bid to partner for financial security where oil is concerned.

Dr. Rowley said a number of persons, including the Foreign Affairs Minister and Minister Stuart Young, have been engaging in these

negotiations.

COMMENTS

WORDPRESS: 0
DISQUS: 0
%d bloggers like this: