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TT still has gas

Friday, April 21 2017

THIS country has natural gas supplies to sustain it over the medium to long term. National Gas Company (NGC) chairman Gerry Brooks underscored this point during a public hearing held by the Public Accounts Enterprises Committee (PAEC) at Tower D of the Port-of-Spain International Waterfront Centre on Wednesday.

Brooks told PAEC members that the main challenge is accessing gas in the short term and the NGC is working assiduously on that front. Reiterating that a target has been set to complete a gas sales agreement for Venezuela’s Dragon Field by July, Brooks said teams from the NGC, Shell and Venezuelan energy company Petr?leos de Venezuela, S.A. (PDVSA) are working hard to achieve this goal. He added, “Quite recently we were able to sign off on the BP Angelin contract.” Brooks explained, “These activities will not solve our problems but certainly they will help us to fend with the times.” Brooks said the period beyond 2019 to 2023 period is critical for this country, “to see how we tee up” the required supplies of natural gas.



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