The caribbean company produces liquefied petroleum gas, unleaded gasoline, kerosene, diesel fuel, fuel oil and jet fuel

Boluda Corporación Marítima’s transportation and fuel supply division Boluda Tankers has signed a contract with the caribbean company Petrotrin enabling the state-owned company based in the Republic of Trinidad and Tobago to resume bunkering operations.

On 8 april the oil company signed a one-year wet lease with Boluda Tankers to charter of one of its tankers, the “Valme B”.

Petroleum Company of Trinidad and Tobago Limited (Petrotrin) chose to charter the tanker from Boluda Tankers due to its position as sector leader in Spain, with a strong presence also in South America, where it provides services on both Atlantic and Pacific coasts, with an annual supply capacity of more than 12 million tons of fuel.

Safety in transport and respect for the environment are two of Boluda Tankers’ fundamental pillars. Its tankers are equipped with the most innovative technical specifications to offer a strategic service in port areas.

Petrotrin president Fitzroy Harewood stressed that the caribbean company’s goal is “to recover our lost volume of 100,000 to 120,000 barrels a month, which will have a positive effect on the company’s bottom line.”

The video shows Petrotrin president and staff boarding the “Valme B”, where the Boluda Tankers crew provide technical training from the bridge of the vessel, which has a capacity of 7,043 tons of fuel, and is 99.36 metres long with an 18 metre beam.

This company, which operates both onshore and offshore services in the south of Trinidad and Tobago, was founded in 1993 via the merger of two state-owned oil companies Trintopec and Trintoc; a third company, Trinmar Ltd, merged with the company in the year 2000.

Petrotrin currently operates the only oil refinery in Trinidad and Tobago. Part of the crude oil is imported to meet the needs of the refinery whose products include liquefied petroleum gas, unleaded gasoline, kerosene, diesel, fuel oil and jet fuel. It produces 48,047 barrels of oil per day, with reserves totalling 439,585 million barrels. The refinery has a capacity of 190,000 barrels a day.

Petrotrin is currently undertaking a second refinery upgrade project to improve the quality ratings of the refined products it exports to regional and international markets.