(InterFax, 18.May.2018) – Jerome Dookie, the chief executive of Trinidadian ammonia producer Caribbean Nitrogen Co. (CNC), said on Wednesday that gas supply disruptions have made Trinidad and Tobago a less attractive location for new petrochemical projects.
“In terms of new projects being built, Trinidad and Tobago is no longer an attractive destination because the feedstock availability is questionable and the pricing is higher,” Dookie was quoted as saying by local press.
“Certainly, the US now, driven by shale gas, is a preferred destination for capital,” he added.
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