The shutdown of several major plants at Point Lisas due to a shortage in the supply of natural gas could result in the loss of millions in FOREX and revenue.
That’s according to UNC’s shadow energy minister, David Lee.
The Point-a-Pierre MP issued the warning during UNC’s weekly press conference.
He warned that an economic crisis could result because of the current natural gas shortage.
On Friday the Energy Ministry announced one of the major upstream natural gas suppliers “had to shut in its gas production as it deals with an unplanned technical issue”.
Lee stated that the shutdown could result in the loss of millions in FOREX and revenue.
He added that gas production is currently the lowest it has been in 20 years and that government must also level with the population on the dragon gas deal will not be the panacea he has proclaimed.
” In January, they sold the national public a dream on Dragon Gas. From the start we in the Opposition questioned them on the timeline, we called for answers if Venezuela had accepted the terms and we even asked about first gas. They ignored these questions and gave a public relations stunt with visit after visit to Venezuela. On Thursday the Prime Minister vindicated us when he said Venezuela have accepted the terms. Today we call on the Prime Minister to stop selling dreams and accept Dragon is dead. It was dead since 2018. Focus on real gas projects which can save our energy sector.”