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Energy Minister Dr Roodal Moonilal says the government is considering every possible commercial arrangement to restart the Pointe-à-Pierre refinery, including partnerships with foreign governments, international investors and companies that previously bid for the asset.
Speaking at his toy distribution event in Debe on Saturday, he said the Cabinet is now reviewing the Refinery Restart Committee’s Interim Report, which was delivered to Prime Minister Kamla Persad-Bissessar on Thursday. He warned that any delay in advancing the project could drive up costs and undermine the restart effort.
“Further delays would make the project itself uneconomical and there's a real risk that the cost can escalate rapidly if we delay further,” he said.
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