Senior Multimedia Reporter
radhica.sookraj@guardian.co.tt
Residents of Marabella are eagerly anticipating the reopening of the Pointe-a-Pierre refinery as the Government advances talks with a slate of international and regional investors, raising cautious optimism that South Trinidad could be on the cusp of long-awaited economic revival.
Speaking to the Sunday Guardian, Energy Minister Dr Roodal Moonilal revealed negotiations are underway with several major players, including Chevron of the United States, the National China Offshore Oil Corporation, Nigeria-based Oando, Indian Oil Corporation and the Oilfield Workers Trade Union’s Patriotic Energies and Technologies, which has submitted a new proposal for consideration.
The refinery, shuttered in 2018, is now targeted for a phased restart later this year, with Moonilal signalling that at least two plants will come on stream before the end of the year.
For residents and business owners in Marabella, Pointe-a-Pierre and San Fernando, the development represents more than an industrial restart—it is seen as a chance to restore communities that have struggled for nearly a decade.
As word of the proposed reopening spread, Marabella businesspeople said they were looking forward to renewed business activity in areas that once thrived on refinery operations.
Businesswoman Stara Dabiedeen, who operates the store Everything For Less along the Southern Main Road, described the years since closure as deeply challenging.
“The past eight years have been difficult. Businesses closed down along Southern Main Road and hundreds of people were thrown on the breadline,” she said.
“We want to see Marabella get life again, so we welcome the refinery reopening.”
Her experience mirrors that of many small business operators who depended on steady refinery traffic and spending. Since 2018, sections of the once-bustling commercial strip have seen reduced foot traffic, shuttered storefronts and declining economic activity.
Selwyn Charles, a Moruga resident, said while he supports the reopening, the process must be handled with transparency and accountability.
“When these multinational companies come in here, we have to make sure that those who running the refinery are doing the right thing,” he said, expressing concern about governance and oversight as foreign investors enter the sector.
For people who once worked at the refinery, the restart represents hope.
Winston Harvey, whose father worked at the refinery for 40 years, said the closure left a void that has yet to be filled.
“Since Petrotrin closed, the young people cannot find jobs. I am very happy that this refinery is being reopened,” he said, adding that employment opportunities for youth must be prioritised in any restart plan.
Former refinery workers, many of whom were displaced when Petrotrin ceased operations, also voiced support for the initiative, though some remain wary given their past experiences.
Hemant Ganesh, a former senior refinery operator who spent 28 years at Petrotrin, said the transition after retrenchment was particularly difficult.
“It was extremely difficult. When I got laid off, I had to work as a supervisor at a security firm. The worst part of it was losing the medical care,” he said.
Ganesh explained that the loss of access to healthcare under a contributory plan has had lasting consequences, especially as he now faces ongoing health challenges.
“In the public health system, there are delays in getting care. Our medical plan in Petrotrin was a contributory plan, but it stopped after the company closed,” he explained.
Ganesh said after eight years of hardship, he was excited for the reopening.
“I want to go back to work. I am 55 now, but I can still make a contribution. I hope when the refinery is reopened, they will ensure that the pension plan is re-examined so that it will benefit all the retirees and those who contributed to the pension plan in the past,” he added.
Negotiations underway
Energy Minister Moonilal said the Government, under Prime Minister Kamla Persad-Bissessar, is pressing ahead with plans to restart the refinery before the end of the year.
In 2025, when the Government took office, it appointed a Refinery Restart Committee. It has since been concluded that reopening the facility is technically, commercially and financially viable, particularly in light of current global demand for refined products.
It recommended a four-phase restart strategy.
Moonilal confirmed it would be done in four phases. He said the interest from potential investors has been strong and widespread.
“We have been happily and kindly overwhelmed by expressions of interest in the refinery from companies near and far, domestic, local companies, as well as important actors in Europe, in Africa, from Asia, from the Caribbean and at home here,” Moonilal said.
He confirmed that a recent virtual meeting was held with Chevron officials, describing the engagement as productive.
Moonilal said the Government has since provided the company with technical documents and research materials, as discussions continue on possible collaboration with State entities Heritage Petroleum and Paria Fuel Trading Company.
The minister also pointed to ongoing discussions with regional partners, including Guyana, following meetings involving Prime Minister Persad-Bissessar and Guyanese President Irfaan Ali.
He said further engagements are expected in the coming weeks as Trinidad and Tobago seeks to deepen energy cooperation with its neighbours.
In addition, the minister noted that interest has emerged from Europe, including Italy-based investment firm Technimont, which is currently in T&T for discussions on potential financing arrangements.
“We are now looking at the commercial structure to go forward with the refinery. I expect that all of that will take place within the next month or two, and we should have an agreement and a partnership fixed commercially, legally and contractually,” he said.
Moonilal stressed that time is a critical factor, warning that prolonged inactivity could increase costs and pose risks to plant integrity and safety.
He said experts who recently assessed the facility rated its condition at between five and six on a scale of ten, suggesting that while some degradation has occurred, the refinery remains in a workable state.
Meanwhile, chairman of Guaracara Refinery Company Ltd, Gowtam Maharaj, said the level of global interest reflects T&T’s strategic position within the regional energy landscape.
He noted that proximity to major oil producers such as Guyana and Venezuela, coupled with the country’s long-standing refining expertise, makes it an attractive investment destination.
“There’s a significant amount of interest in the world market in terms of investment due to the political stability of Trinidad and Tobago and also now the geographic location to where the action is in terms of petroleum,” Maharaj said.
He explained that the refinery’s business model—tailoring fuel blends to meet the specific needs of Caribbean markets—sets it apart from larger international refineries, which typically operate on bulk production systems.
This flexibility, he said, allows T&T to serve smaller markets that require customised fuel specifications.
Maharaj cautioned, however, that while a full restart of all refinery units could take up to 39 months, a phased approach would allow for earlier production.
Under such a model, initial operations could begin within a year of finalising commercial agreements, with some plants coming online ahead of others to generate early output.
Beyond production, Maharaj underscored the significant employment potential associated with the restart.
He estimated that thousands of workers could be engaged during the repair and refurbishment phase, with more than 1,000 permanent jobs expected once full operations are achieved.
“If you drive through Marabella post shutdown, it’s a ghost town,” Maharaj said, describing the visible decline in commercial activity since 2018.
“People are in need of this type of sustenance.”
History of refinery
Established in 1917, the Pointe-a-Pierre Refinery was once the largest refinery in the British Empire and played a critical role during World War II as a supplier of aviation fuel for Allied forces.
In 1956, US company Texaco acquired the refinery, and in 1985, the government, through Trintoc (1974), bought over Texaco’s assets except Trinmar. In 1993, Trintoc and Trintopec were incorporated into the Petroleum Company of Trinidad and Tobago Limited (Petrotrin).
Petrotrin operated the refinery until it was shut down in November 2018. The refinery is critical to national energy security, industrial development, employment generation, regional supply chain resilience and improved GDP to the government. Over 40 per cent of Trinidad’s GDP (and 80 per cent of its exports) comes from oil and gas.
