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Residents of Marabella are eagerly anticipating the reopening of the Pointe-a-Pierre refinery as the Government advances talks with a slate of international and regional investors, raising cautious optimism that South Trinidad could be on the cusp of long-awaited economic revival.
Speaking to the Sunday Guardian, Energy Minister Dr Roodal Moonilal revealed negotiations are underway with several major players, including Chevron of the United States, the National China Offshore Oil Corporation, Nigeria-based Oando, Indian Oil Corporation and the Oilfield Workers Trade Union’s Patriotic Energies and Technologies, which has submitted a new proposal for consideration.
The refinery, shuttered in 2018, is now targeted for a phased restart later this year, with Moonilal signalling that at least two plants will come on stream before the end of the year.
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