PM: Shell And BP Committed To T&T

Prime Minister, Dr. Keith Rowley says this country is looking for ways to ensure we have a future in hydrocarbons.

During the media conference on his return from the Climate Change Summit in Glasgow, Scotland on Saturday, the Prime Minister outlined one of the potential methods to ensure this country’s future earnings in hydrocarbons. Dr. Rowley noted that the surplus energy would come from the power plant that was constructed to operate the proposed aluminum smelter in La Brea.

Dr. Rowley said the government was negotiating with prospective investors regarding the project.

Meanwhile, the Prime Minister says this country will continue to monetize its oil and gas resources.

During his trip to London, Dr. Rowley and a team met with officials from BP and Shell. The Prime Minister said the energy companies confirmed their commitment with regard to continuing exploration and production activity in Trinidad and Tobago.

The Loran Manatee gas field is an offshore acreage this country shares with Venezuela. The Prime Minister noted that while the world is pursuing cleaner forms of energy this country would hold to its position that gas is a clean source of energy

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