Newly-elected Prime Minister Dr. Keith Rowley called energy sector reform an "urgent assignment" when, as Opposition Leader, he addressed stakeholders at a luncheon hosted by the Energy Chamber last April.

"Any signs that can adversely affect any sector that contributes over 20 percent of the country’s GDP must be taken seriously and treated with urgency, both in the short and long-term," Rowley said, noting decreased production in gas, methanol, ammonia and steel. 

In his address, he called U.S. oil and gas production from shale "the biggest challenge to be faced by a small developing country with limited hydrocarbon assets such as Trinidad and Tobago." Here's more from the event.