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Editorial

Effective regulatory agencies critical to future of the sector

Effective regulatory agencies critical to future of the sector

One of the major issues of discussion at the recently concluded Trinidad and Tobago Energy Conference 2017, was the institutional capacity of key government regulatory agencies. Trinidad and Tobago is facing the prospect of further significant declines in gas production from 2019 onwards, unless final investment decisions are taken immediately to develop new gas fields, such as bpTT’s Angelin project. These major investment decisions by international oil and gas companies rely upon timely decision-making by the government of Trinidad and Tobago.