The Minister of Energy and Energy Industries, Senator The Honourable Franklin Khan, has taken note of newspaper reports that could give the impression that it is the intention of the Government to sell the Paria Fuel Trading Company Limited.

However, for the record, the Paria Fuel Trading Company Limited is a strategic state asset that plays a very important role in ensuring the security of supply of liquid petroleum fuels for the transportation sector of Trinidad and Tobago and for the general public. The Company is also invested with the ownership of strategic assets such tank farms, port infrastructure and real estate which were previously owned by the predecessor company Petrotrin. …

Energy Minister Franklin Khan responds to media reports regarding Paria Fuel Trading Company Limited