State oil company Petrotrin pushing foreign investment in bid to resuscitate Trinidad & Tobago petroleum sector

Third in a seriesCount Petroleum Co. of Trinidad & Tobago Ltd. (Petrotrin) as the latest to join the ranks of Western Hemisphere state oil companies seeking to emulate their counterparts in the private sector.As has been the case with many state companies in Latin America and the Caribbean Sea region, Petrotrin is shedding years of bureaucratic inertia and throwing off the shackles of service as a government agency to better compete with private multinational integrated oil companies.Petrotrin is ramping up its own efforts to bolster Trinidad and Tobago's oil and natural gas operations, as well as enthusiastically encouraging investment in those operations by foreign petroleum compani...

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