“T&T has not lost a dollar.”
That’s the statement from Minister of Energy and Energy Industries, Dr. Roodal Moonilal, who dismissed speculation that recent developments in Venezuela have jeopardised cross‑border energy deals.
Speaking at a Post Cabinet Media Briefing on Thursday evening, he said while Venezuela remains part of T&T’s energy strategy, that country has historically had limited commercial dealings with T&T, besides a few agreements.
He confirmed that the OFAC licence governing the Dragon Gas project is still in effect, adding that the work continues under its conditions.
Dr. Moonilal, though, stated that T&T’s focus extends beyond Venezuela, with plans to deepen energy partnerships across South America and beyond.