AZP News

Tags : Paria Fuel Trading Company Limited

Kamla: Government will Sell $1B in Paria Assets

  By Sue-Ann Wayow THE Government’s intention is not only to sell the refinery at Pointe-a-Pierre but all the assets owned by Paria Fuel Trading  Company Limited, valued at over $1 billion US. And that price tag the Oilfield Workers’ Trade Union (OWTU) could not afford to pay and therefore the decision can now be […]Read More

UNIPET, Paria come to an Agreement

  Unit­ed In­de­pen­dent Pe­tro­le­um Mar­ket­ing Com­pa­ny Lim­it­ed (UNIPET) and Paria Fu­el Trad­ing Com­pa­ny have reached an agreement on Monday. A press release from Paria stated that the par­ties have en­tered in­to a set­tle­ment agree­ment which re­sult­ed in the re­sump­tion of UNIPET’s sup­ply at 5 p.m. Monday. UNIPET has agreed to set­tle its debt to Paria […]Read More

UNIPET says Paria Decision ‘Unfortunate’

  THE United Independent Petroleum Marketing Company Limited (UNIPET) says it was extremely unfortunate that Paria Fuel Trading Company Limited will stop supplying it with fuel. In response to the decision, UNIPET stated, “The action by Paria to discontinue supplying fuel to Unipet is extremely unfortunate especially in consideration of the fact that Paria is […]Read More

Paria Stops Supplying UNIPET with Fuel

  Paria Fuel Trading Company Limited will no longer supply United Independent Petroleum Marketing Company Limited (UNIPET) with fuel. In a statement Paria said the decision will not affect the supply of gas to the public. It stated, “Paria will make available to the National Petroleum Marketing Company (NP) the difference in the quantity of […]Read More

Gov’t Replaces Espinet

PORT-OF-SPAIN – THE Trinidad and Tobago Government had removed Wilfred Espinet as the chairman of Trinidad Petroleum Holdings Ltd (TPHL), Heritage Petroleum and Petrotrin. The announcement was made on Thursday at the post-cabinet news conference at the Diplomatic Centre in St Ann’s by Finance Minister Colm Imbert and Energy Minister Franklin Khan. Attorney Michael Quamina, […]Read More