Mottley quits Energy Task Force
Wendell Mottley has resigned as chairman of Government’s Energy Task Force, saying he can no longer lead in negotiations for both the Sandals project and the renegotiation of new LNG contracts with the...
View ArticlePt Lisas jobs threatened as natural gas prices rise
A report into the state of the energy sector by the Ministry of Energy and Energy Industries has warned that the high natural gas prices are threatening the viability of the downstream sector and...
View ArticleMulti-billion energy investments for T&T
T&T could expect $23 billion in investments in the downstream energy sector over the next four years, according to “a secret” Ministry of Energy document.The projects have the potential to create...
View ArticleCloser look at our Point Lisas model
Faced with natural gas shortages, higher gas prices, increased global competition and relatively weak commodity prices, the local downstream sector is facing its greatest challenge since...
View ArticleSteel plant deal in jeopardy
A deal for the purchase of the mothballed ArcelorMittal Iron and Steel Plant by Nu-Iron Unlimited could be in jeopardy as the company has threatened to walk away because of failure to reach agreement...
View ArticleThe issue of natural gas
Monday’s announcement by Shell Trinidad of first gas from its Dolphin Extension off the East Coast is good news for the struggling downstream sector as this project, along with the Starfish...
View ArticleCheap natural gas for T&T
History was created in Caracas yesterday when Prime Minister Dr Keith Rowley signed on the dotted line for the importation of cheap natural gas from Venezuela.This will make T&T more attractive to...
View ArticlePetrotrin an historical challenge
The country is, today, bracing for a decision on the restructuring of the Petroleum Company of Trinidad and Tobago Limited (Petrotrin).The decision has been preceded by allegations that the company has...
View ArticleVenezuelan gas—good move for T&T
Last Saturday’s signing of an agreement between T&T and Venezuela for the export of natural gas from Venezuela to this country has the potential to lead to further downstream investment in...
View ArticleShould we move away from the NGC model?
Reporting on the signing of the Dragon Gas deal between Venezuela and T&T, American outfit, Bloomberg News described it as a lifeline being thrown to T&T as it struggles with natural gas...
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