March 13, 2017: Prime Minister, Dr. the Honourable Keith Rowley presented instruments of appointment to a seven-member committee tasked with conducting a review of the operations of the Petroleum Company Limited (Petrotrin) on Monday March 13, 2017 at the Diplomatic Centre, La Fantasie, St. Anns.
This appointment honours a Cabinet decision made on February 23rd 2017 to review operations at the company in light of falling revenues, allegations of mismanagement and decreasing oil prices worldwide. The committee is tasked with making recommendations for restructuring of the company and its first report is scheduled to be submitted on June 1st 2017.
The committee is chaired by Mr. Selwyn Lashley, Permanent Secretary, Ministry of Energy and Energy Industries. Other members are as follows: Professor Chandrabhan Sharma, Department of Electrical and Computer Engineering, Faculty of Engineering, University of the West Indies. Ms. Helen Drayton, former Independent Senator Mr. Robert Riley, Head of Safety and Operational Risk, Competency and Capability Development at the BP Group in London and former Chairman and Chief Executive Officer of BPTT (absent) Mr. Wilfred Espinet, AeroMarine Trinidad Limited Mr. Gregory Marchan, Representative of the Oilfield Workers Trade Union (OWTU) Mr. David Abdullah, Representative of the Oilfield Workers Trade Union (OWTU).
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