Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister Stuart Young is pleased to note that the M4 and M5 Methanol plants at Pt Lisas have restarted.
Minister Young had been communicating with both the National Gas Company of Trinidad and Tobago Limited (NGC) and Proman throughout the recent weeks and welcomes the fact that parties reached an agreement that led to the restart of M4 and M5.
The parties will continue to negotiate for a long-term gas supply agreement and the MEEI will continue to monitor this and communicate with the parties.
These agreements and arrangements are part of the landscape of a sophisticated gas sector that is adapting to the many changes in the global energy sector and the Ministry of Energy and Energy Industries will continue to play an active role in ensuring the future of Trinidad and Tobago and protecting the interests of the citizens of Trinidad and Tobago.
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