Trinidad Briefs: Bid Rounds, Energy Transition [PDF Downloads]

(Energy Analytics Institute, 7.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: keynote comments from the Trinidad and Tobago Energy Conference (TTEC) 2021 from Trinidad’s Energy and Energy Industries Minister Stuart R. Young and the country’s Prime Minister Keith Rowley.

MEEI’s Young On Energy Transition, Bid Rounds

Stuart Young. Source: Trinidad and Tobago Energy Chamber

Stuart R. Young, who heads Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) spoke about the energy transition among other topics during the first day of TTEC 2021, held virtually this year due to the ongoing Covid-19 pandemic.

“We intend to work with the industry to transition to cleaner and more efficient plants and products. There is a lot of opportunity here in Trinidad and Tobago as the plants in the gas sector can be transformed with the right investments to ensure cleaner and lower carbon energy,” Young said. “We will continue to work with the various downstreamers as there are also exciting opportunities in ammonia, methanol and other commodities.”

Trinidad PM Rowley On Utilization Of Resources

Keith Rowley. Source: Trinidad and Tobago Energy Chamber

Trinidad’s Prime Minister Keith Rowley also spoke at TTEC 2021 about continued development and utilization of the twin-island nation’s resources, and primarily natural gas.

“One of the ways through which we currently earn a steady stream of revenue is through the maximization of our natural energy resources,” Rowley said. “As is to be expected Trinidad and Tobago still has considerable resources in the ground to be utilized, and it is imperative that we continue to develop these resources or face their sterilization.”

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By Carlene Williams. © Energy Analytics Institute (EAI). All Rights Reserved.