Home' Trinidad and Tobago Guardian : August 9th 2017 Contents trin. "But we did say that we would want
to be privy to any decision before any
announcement will be made."
He said they would take favour with
Government making the company into
a structured, orderly and efficient com-
pany. "Privatising Petrotrin in a situa-
tion where there is lots of potential for
Petrotrin to succeed and the country
to benefit, if you do that (privatise) the
citizens will lose. We are not going to
agree that Petrotrin should be given
away to any partner to run Petrotrin
at the expense of the country."
Roget said one of the issues Khan put
on the table was local financiers.
"They (Government) tried to raise
money through the local financiers who
did not have the appetite to put their
money into that risk. And that is an is-
sue that we should be concerned about
because all of them are ready, willing
and able to benefit from a successful
Petrotrin, but none of them are prepared
to take the risks."
He said the former People's Part-
nership government, supported by the
People's National Government placed
people in top level positions who did
not have the required competencies and
Many of these "cushy" jobs were cre-
ated for friends and family, Roget said, as
he called for several top managers who
have been receiving high salaries to be
Wednesday, August 9, 2017 guardian.co.tt
President general of the Oilfields Workers'
Trade Union (OWTU) Ancel Roget has described
yesterday's meeting with Energy Minister Frank-
lin Khan on Petrotrin's future as "not what we
Roget said the union attended the meeting at the
ministry's office at International Waterfront Centre,
Port-of-Spain, hoping that Khan would have made
an announcement on Cabinet's decision on the State-
owned oil company.
However, Roget said what Khan brought to the ta-
ble was the current state Petrotrin was facing and the
challenges the Government had been experiencing with
falling oil prices.
The meeting was called six days after a special ses-
sion of Cabinet was held to review the situation at
In June, Prime Minister Dr Keith Rowley received a
comprehensive report on the operations of Petrotrin
which included recommendations for the restructuring
of the oil company. The report was submitted by the
Petrotrin Review Committee which was appointed by
Rowley in March.
This appointment followed a Cabinet decision that
called for a review of operations at the energy company
in light of falling revenues, allegations of mismanage-
ment and decreasing oil prices worldwide.
However, a release issued by Khan's ministry yes-
terday stated that the meeting was "brutally honest"
in identifying the challenges facing Petrotrin.
Khan stated that the situation at Petrotrin called
for decisive action and collaborative efforts of all
stakeholders, stating that some of the key elements
needed for the company's turnaround included strong
leadership, competent management, greater efficiency
and productivity, application of modern science and
technology and an injection of substantial capital.
"Let me say that it was not what we expected. We
expected that the minister (Khan) was going to make
an announcement as to some decision Cabinet had
taken. It was not that. It was that he wanted to have
more discussions with us, as he saw it, before he take
a final position to Cabinet, out of which a decision is
going to be made," Roget told reporters following the
two hour long meeting.
Asked if he was disappointed by the turn of events,
Roget said, "Disappointed .... No! We expect anything.
The fact that they have not taken a decision as yet that
is up to them. But I can say with absolute certainty
that there is absolutely need for restructuring. Very
quickly that must happen. Certain persons must be
removed from the top and we must have in place a
structure that provides for focus and accountability."
Roget said a lot of what Khan presented to the OWTU
they were already aware of, which dealt with Petrotrin's
current state and the decline in oil prices.
"We wanted to know if the meeting was about in-
forming us as to the decisions made. He (Khan) said
no decisions were made as yet. He said he wanted to
have some more discussions with us before he goes to
Cabinet on Thursday, which Cabinet will take a deci-
sion based on all of the various inputs. Of course, we
made the point that at no point are we going to agree
to sending workers home."
Roget said no timeline was given by Khan as to when
Cabinet would make a final pronouncement on Petro-
OWTU president general Ancel
Roget, left, arrives at Tower C
for talks with Energy Minister
Franklin Khan on the future of
Petrotrin, yesterday. At right is
OWTU's Education and
Research officer, Ozzie
Warwick. PHOTO: ANISTO ALVES
Roget not happy with meeting over Petrotrin's future...
Minister: It was brutally honest
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for AUGUST 08, 2017
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