AT 1 p.m. on Thursday, June 22, 2006, Petrotrin’s management and the executive of the Oilfields Workers’ Trade Union (OWTU) met at the Petrotrin Learning Centre, Pointe-a-Pierre to signal the commencement of negotiations on behalf of Petrotrin Trinmar monthly paid staff bargaining units for 2006 to 2009.

In his remarks, the President General of the OWTU called for the agreement to be settled in record time and for a restoration of trust between employees and management.

Executive Chairman Malcolm Jones gave a comprehensive update on Petrotrin’s key projects and financial imperatives over the 2006 to 2009 period.

He also gave the following assurances to the Petrotrin family and the nation: “We are committed to safe operations that are guaranteed to protect the lives of our employees and neighbouring communities.

“We are committed to making the necessary investments for the long-term interest of our company and nation.

“We are committed to providing our employees a challenging but rewarding work environment.

“We are committed to competitive terms and conditions of employment.

“And like the Soca Warriors, we are committed to being a shining example for all of Trinidad and Tobago.”

He then challenged all stakeholders to take a united stand in the company’s best interest in order to make the necessary capital investments that would ensure its long-term viability and growth.

Meanwhile, negotiations continues for the hourly/weekly and junior staff.