All stories
Viewing entries in
Energy Chamber Editorial
Investment levels in the Trinidad & Tobago upstream sector have remained at relatively high levels despite cuts, internationally, in capital expenditure due to low commodity prices. In December 2015, the Minister of Energy and Energy Industries, Nicole Olivierre, reported that investment was expected to be approximately US$3.0 billion in 2015 and in 2016.
Despite oil prices around the US$ 30 mark and downward pressure on the price of Trinidad & Tobago’s major export, liquefied natural gas (LNG), participation in what has become the biggest annual energy conference in the Caribbean region remains high.
One of the long-standing and key strategic objectives of the Energy Chamber has been to maximise local content in the Trinidad and Tobago energy sector.
Vincent Pereira outlines his vision for local content at the Energy Chamber's 3rd annual Local Content Forum
Budget recommendations: increase the SPT base, incentivise investment in small gas fields and re-examine PSCs.
Chamber makes Budget recommendations
Reforms imperative to ensure sector’s sustainability
We cannot control global gas and commodity prices, but we can control how efficiently our industry operates.
