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GOVERNMENT has selected a proposal from Nigerian company Oando Trading DMCC to lease the former Petrotrin refinery in Pointe-a-Pierre with a view to restarting it.

Acting Prime Minister Stuart Young made the announcement at the post cabinet news conference at Whitehall on February 27.

In his 2024/2025 budget statement in Parliament on September 30, Finance Minister Colm Imbert said Cabinet short-listed three companies to acquire the refinery based on the recommendations of the selection committee and Scotia Capital.