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T&T’s petrochemical exports helping Europe -Curtis Williams/TTGuardian

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Curtis Williams, TT Guardian With Europe suffering from natural gas curtailment due to the ongoing conflict between the West and Russia, there continues to be reduced petrochemical production out of the continent and T&T has been shipping significant amounts of ammonia to North West Europe to try and shore up the market. Nutrien, T&T’s largest …

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T&TEC bad pay, high gas utilisation hurting NGC’s growth prospects – Curtis Williams/TTGuardian

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Curtis Williams, TT Guardian In the midst of a massive $4.7 billion dollar turnaround of its fortune between 2020 and 2021 and a likely strong financial results in 2022, the National Gas Company Limited (NGC) is bemoaning its inability to collect billions of dollars from State-owned T&TEC, saying it threatens the NGC’s ability to grow. …

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Ramnarine: Imbert’s optimism shows disconnect from reality -TT NewsDay

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Clint Chan Tack, TT NewsDay PORT SPAINEnergiesNet.com 09 05 2022 FORMER energy minister Kevin Ramnarine on Sunday described Finance Minister Colm Imbert’s pronouncements on the state of the economy last week, as further evidence of a major disconnect between the Government and the reality facing many thousands of people. At the Spotlight on the Economy, …

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Rowley off to Europe for energy talks -TT NewsDay

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Clint Chan Tack, TT NewsDay PORT SPAINEnergiesNet.com 09 05 2022 THE Prime Minister left TT on Friday on state business in Switzerland, the United Kingdom and the Netherlands. A statement issued by the Office of the Prime Minister said Dr Rowley’s visits to both countries involves meetings with “major global energy companies who have significant …

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LNG Atlantic joins International Association of Oil and Gas producers -TTGuardian

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Juma Bannister, TT Guardian PORT SPAIN EnergiesNet.com 08 08 2022 LNG producer Atlantic has become the world’s first large-scale LNG producer to join the International Association of Oil and Gas Producers (IOGP). Atlantic will combine its distinct competitive advantage of 23 years of core LNG expertise, with the global knowledge of the IOGP to continue …

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Bourse Securities CIO predicts improved economic performance -Curtis Williams/TT Guardian

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By Curtis Williams Expect an improved economic performance over the next six to 12 months predicts Sarodh Ramkhelawan, executive director and chief investment officer at Bourse Securities. Even as the International Monetary Fund is warning of one of the worst recession to hit the world in 50 years is about to occur, Ramkhelawan argued that …

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TT Energy Minister Young visits Venezuela for energy talks -TT Guardian

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Raphael John-Lall, TT Guardian PORT SPAIN EnergiesNet.com 08 08 2022 The Venezuelan Government is hoping to revive cooperation with T&T in the areas of energy and the economy. This follows a meeting on Friday by Energy Minister Stuart Young and T&T’s Ambassador to Venezuela Edmund Dillon with President Nicolás Maduro at Miraflores Palace in Caracas. …

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Young promises CNG filling station for Tobago /TT Newsday

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TT Newsday PORT SPAIN EnergiesNet.com 08 01 2022 ENERGY Minister Stuart Young has promised to look into the possibility of Tobago having its own Compressed Natural Gas (CNG) filling station. Speaking on Tobago Updates on Thursday, Young said Tobago’s not having any CNG stations came as a shock to him. “I was surprised when I …

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Imbert, Ramnarine differ on S&P rating -Newsday TT

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Clin chan Tack, Newsday TT PORT SPAIN EnergiesNet.com -7 25 2022 FINANCE Minister Colm Imbert and former energy minister Kevin Ramnarine had different views on Friday about international ratings agency Standard and Poors (S&P) confirming a BBB- investment grade on TT. In a statement, Imbert said S&P confirmed this rating on Thursday. “This is the …

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