An airtight non-disclosure agreement (NDA) is keeping Oilfield Workers Trade Union (OWTU) president General Ancel Roget from naming his international investors on the takeover of the Pointe-a-Pierre refinery.
The OWTU wholly owns the Patriotic Energies and Technologies Company Ltd (PETCL) which was selected as the preferred bidder for the refinery.
Roget and the consortium must meet a strict ten-part conditionality within a 30-day period before the refinery is handed over.
"We are ready," he said in a brief telephone interview yesterday.
"I cannot comment on the investors until I am advised by our lawyers."
But while he remained mum on that aspect of the deal, he was quite vocal on other parts of it.
"There will be no nepotism, no political interference in the running of the refinery this time," he said.
He said that the offer to the union does not change his sentiment toward the Government.
"Of course, it does not. That is because this is not some gift, some largesse from the Government. We worked very hard for this deal, we prayed, we marched, we fasted."
He said too that the workers rehired to work at the refinery would be represented by the OWTU.
"The OWTU, even as a union, is an employer already," he said.
While in good spirits over the deal, Roget took the time to blast Opposition leader Kamla Persad-Bissessar for her comments after Finance Minister Colm Imbert announced that PETCL was selected as the preferred bidder.
Persad-Bissessar was questioning the financial standing of the PETCL, which was incorporated less than a year ago. She also questioned why the Government chose to "give away" a multi-billion dollar asset without due diligence.
"I have taken careful note of what the Opposition Leader said and the issues she raised," he said.
"It seems as if she did not want the OWTU to get the refinery. But I will be dealing with that in the fullness of time," he said.
In October Roget presented two companies, Suriname-based investment bank SunStone Equity and MAK England LLC, a commodities trader with offices in the UK, US and United Arab Emirates.
It is unclear if these two bodies are still part of the PETCL consortium of investors.
Roget, at that time, shared the company's proposal which focused on acquiring the refinery and the other parts of the operations, like the Augustus Long Hospital.
The Government, however, made it clear that only the refinery was for sale.