Fri Jun 27 2025
When state-owned oil company Petrotrin in Pointe-a-Pierre closed its doors in November 2018 due to financial losses and inefficiencies, leading to significant restructuring in the energy sector, T&T lost a cornerstone of its economy for over a century.
With plans to restart the refinery by the government, this would not only mean fresh economic stimulus but Larry Ramnath, senior project manager for the oil and gas division of energy contractor TN Ramnauth and Company Ltd is adamant that the refinery’s grounds could once again be a vibrant training facility, especially for young people wanting a career in the energy sector. This would, in turn, redound in positive benefits to the country.
In an interview with the Business Guardian, Ramnath said TN Ramnauth and Company Ltd, which has been in existence since 1992, took a big hit when the refinery closed.
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