En­er­gy ex­pert and for­mer en­er­gy min­is­ter Car­olyn Seep­er­sad-Bachan says there is a need for a rep­utable in­ter­na­tion­al in­vestor to re­open Petrotrin’s Pointe-a-Pierre re­fin­ery.

Her com­ments fol­low last week’s High Court rul­ing, which in­di­cat­ed that the Oil­field Work­ers’ Trade Union and its as­so­ci­at­ed com­pa­ny, Pa­tri­ot­ic En­er­gies and Tech­nolo­gies Lim­it­ed, have been held li­able for over US$4 mil­lion in loans it se­cured for its bid to ac­quire the re­fin­ery af­ter it was closed.

The loan cen­tred around two agree­ments en­tered in­to be­tween KCL Cap­i­tal and the OTWU, through its then-trustees Ozzi War­wick, Ray­mond Hug­gins, and now Min­is­ter in the Min­istry of En­er­gy, Ernesto Kezar, be­tween No­vem­ber 2019 and May 2020.