Logo of the Ministry of Energy and Energy Industries

Downstream and Retail Marketing (DRM) Division

Within the Ministry of Energy and Energy Affairs, the Downstream and Retail Marketing Division (DRMD):

  • Administers the Petroleum Production Levy & Subsidy Act by calculating ex-Refinery prices, calculating operator levy share, and auditing subsidy claims
  • Monitors the Public Sector Investment Programme and the Infrastructure Development Projects for downstream projects
  • Monitors downstream/retail supply and demand balance
  • Develops strategy recommendations as appropriate
  • Regulates the local wholesale and retail marketing network including annual evaluation and approval of licenses
  • Develops and recommend policies for the downstream and retail market
  • Monitors the operations of the refining subsector

Relationship with Companies and Services offered

  • Petrotrin :
    •  Monitor the expansion and upgrade of refining operations, i.e.
      1. Gasoline Optimisation Programme (GOP) 
      2. Clean fuel projects
        • Gas-to-Liquid Plant
        • Ultra Low Sulphur Diesel (ULSD) Plant
        • Ethanol Plant
        • New refinery laboratory
        • Road tank wagon fuel distribution
      3. Infrastructure Projects
        • New corporate headquarters
        • New industrial estate

                

  • National Petroleum Marketing Company of Trinidad and Tobago (NPMC) :
    • PSIP - Upgrade of service stations, LPG and CNG developments
      •  Environmental remediation
  • National Energy Cooperation (NEC) :
    •  
      • Development of Ports and Industrial sites 
  • National Gas Company of Trinidad and Tobago (NGC) :
    • IDF - Construction of Natural Gas pipeline to Cove Estate
      • Multi-fuel pipeline
  • Central Bank of Trinidad and Tobago :
    •  
      • Currency exchange rate/ Re: Royalty calculations     
  • United Independent Petroleum Marketing Company Limited (UNIPET) :
    •  Retail operations (service stations)
    •  Wholesale operations

 

 
made visual by sightFACTORY