PORT OF SPAIN, Trinidad – Prime Minister Dr. Keith Rowley is heading a two-member delegation to the Netherlands on Friday for talks with the oil and energy company, Shell, according to an official statement issued here.
Prime Minister Dr. Keith Rowley (Second from right) and BP officials in London (Photo courtesy of the Office of the Prime Minister)It said that Rowley, who is being accompanied by Energy and Energy Industries Minister, Stuart Young on Thursday held talks BP’s chief executive officer, Bernard Looney, at the energy company’s global headquarters in London.
“BP provided an update to Dr Rowley on their plans for future gas production including the sanctioning of new projects. The discussions also touched on the progress of the Atlantic LNG restructuring negotiations which is expected to be finalized soon.
“Both parties reiterated their commitment to working together to ensure the future of Trinidad and Tobago’s energy sector,” the statement said.
It said Prime Minister Rowley used the opportunity to reinforce with BP that future fabrication of platforms and other infrastructure should be done in Trinidad and Tobago, while Looney reiterated that Trinidad and Tobago remains an important asset in BP’s global operations and gave the assurance that the BP team would continue working assiduously with the Government on delivering a number of initiatives that would benefit both Trinidad and Tobago and BP.
Earlier this week, The Trinidad and Tobago government said the Swiss based energy company, Proman, had reiterated a commitment to investment an estimated US$1.1 billion over the next 10 years for major plant maintenance turnarounds in the Caribbean country.
Proman describes itself as one of the world’s largest methanol producers, and a leading fertilizer producer globally with operations and assets all over the world.
The statement said that Trinidad and Tobago is a key cente of Proman’s operations with 14 petrochemical plants owned and operated here and 1,100 employees accounting for 67 per cent of its global headcount.
“During the meeting the energy company reiterated its commitment to Trinidad and Tobago highlighting its planned investment of US$1.1 billion over the next 10 years for major plant maintenance turnarounds at Point Lisas.
“This investment will fund work on safety, reliability and greenhouse gas reduction initiatives. The company will also work with the government to pursue other energy transition initiatives and opportunities.” the statement said.
