PETROLEUM COMPANY OF TRINIDAD AND TOBAGO LIMITED THE BENEFITS OF OPERATING WITHIN A CERTIFIED ENVIRONMENTAL MANAGEMENT SYSTEM PRIYA S. MAHARAJ KELVIN RAMNATH PETROLEUM COMPANY OF TRINIDAD AND TOBAGO LIMITED

The Exploration and Production division is one of the two business units comprising Petrotrin. These operations span the entire southern half of the island.

An Environmental Management System was developed and implemented for onshore operating districts of the Petroleum Company of Trinidad and Tobago Limited in accordance with the ISO 14001:1996 Standard, and was recommended for certification by Lloyd’s Register Quality Assurance in September 2002.

Major Aspects managed under the Environmental Management System for Petrotrin: Waste Management for Basal Sediments Produced Water Oil Soaked Waste Paper & Glass

Emergency Preparedness and Response for: Oil Spills Fire & Bomb Explosions in Buildings Major Field Explosions Well Blowouts Hurricanes

Financial & technical restrictions Challenges faced within the EMS: Financial & technical restrictions The vast expanse of operations and the close public ‘interactions’ The sensitive environment in which oil field operations exist

Challenges faced within the EMS continued: The granting of legal levies from the enforcement agencies to act as incentives to industry The lengthy process of employee culture change

Benefits of operating within a Certified EMS: Short Term: International recognition of being accredited by the American National Standards Institute and the Registrar Accreditation Bureau Employee awareness to proper environmental management Improved employee morale as a result of management commitment

Less Pollution Less $$ spent on oil recovery

Legislative Compliance Long Term Benefits: Legislative Compliance Greater market value for company products and services Ease of implementation of other management systems