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T&T's Petrotrin workers could be compensated more than $1 billion

The Trinidad and Tobago government has said the compensation package for workers being laid off by the closure of the oil refinery of the state-owned company, Petrotrin, could be more than $1 billion.
 
The country's energy minister said the Oilfields Workers Trade Union (OWTU) and the Petrotrin board of directors will meet on Tuesday to discuss termination packages for the affected workers.
 
Last month, the government announced that it would be closing down the oil refinery after indicating that it was losing an estimated $2 billion annually.
 
The Keith Rowley administration said more than 2,500 workers would be laid off as a result of the closure.


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