Conrad Enil calls for compromise in gas talks

Conrad Enil calls for compromise in gas talks

Former Energy Minister Conrad Enil is suggesting that the Government must engage in compromise if it is to extend the life of the gas industry in Trinidad and Tobago.

Mr Enil revealed to Power 102 Digital that he was told in the past by an oil and gas executive for a multinational company, that while the country has gas reserves, the cost of bringing the gas to market is not necessarily economical as things currently stand.

The NGC chairman suggested that more conversation and cooperation is needed between the Government and international energy companies so as to encourage the private sector to invest in the costly endeavor of retrieving the gas and bringing it to market.

Advertisements

Enil added that the solution must consider the capital intensive cost of attempting to extract natural resources from hundreds of feet below the ocean floor.

COMMENTS

WORDPRESS: 0
DISQUS: 0