Transaction process commences for Trinidad's national refinery

Trinidad Petroleum Holdings Limited (TPHL) has commenced a broad-based process for a transaction involving the Guaracara Refining Company Limited's refining assets, and the restart of the refinery.

Scotia Capital (USA) Inc. (Scotiabank) has been retained by TPHL as its exclusive financial advisor for this potential transaction. TPHL is inviting parties who have an interest in potentially participating in the process to contact Scotiabank by July 23rd, 2021.

Interested parties or consortia who possess the requisite expertise will be provided with an initial marketing document and be able to participate in the process upon the execution of a legally binding non-disclosure agreement.

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