• Sunday, November 10, 2024
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Oando closes in on taking over Trinidad’s national refinery

Oando closes in on taking over Trinidad’s national refinery
Oando Plc has been shortlisted by the Trinidadian government as one of three final contenders to take over the country's state-owned refinery, which was owned by the defunct Petrotrin. Speaking during a budget presentation on September 30, the Trinidadian Finance Minister, Colm Imbert noted that among the initial 10 proposals, three companies had made the final shortlist including, CRO Consortium, a consortium of three Trinidadian companies, INCA Energy, an American company, and Nigeria’s Oando Plc. The bidding process began in February 2