PETROTRIN SHUTDOWN

A BREAK DOWN OF REFINED PRODUCTS FROM A BARREL OF CRUDE OIL

Diesel $3.41 per liter x 40 Liters = $136.40
Super $3.93 per liter x 80 Liters =$272.80
Jet Fuel $8.75 per liter x 16 Liters = $140.00

Total on 3 products = $549.20 (Note this is subsidized price)

Barrel of Crude $70 US x $7TTD = $490

And if the operating cost is $4US per barrel $4US x $7TTD = $28.00TTD

So @ $490TTD per barrel of crude + $28.00TTD operating cost = $518.00TTD

Sales on 3 refined products at subsidized price = $549.20TTD a profit of $31.20TTD.

Someone at Petrotrin need to explain why the refinery “not making money”