Haiti is to ben­e­fit from a US$30 mil­lion in­vest­ment by Na­tion­al Pe­tro­le­um Mar­ket­ing Com­pa­ny.This fol­lows the sign­ing of a mem­o­ran­dum of un­der­stand­ing be­tween T&T and Haiti at the Hilton Trinidad yes­ter­day for co-op­er­a­tion inu en­er­gy, en­er­gy se­cu­ri­ty and en­er­gy ex­plo­ration.Prime Min­is­ter Kam­la Per­sad Bisses­sar said that the ac­cord, which had been dis­cussed over the past two years, rep­re­sents a sig­nif­i­cant con­tri­bu­tion to the de­vel­op­ment of a "fel­low Cari­com part­ner" still emerg­ing from the ef­fects of a pow­er­ful earth­quake that killed an es­ti­mat­ed 300,000 peo­ple and left more than a mil­lion oth­ers home­less in 2010."We are very hap­py that you will be sourc­ing our en­er­gy prod­ucts rather than out­side of the re­gion," she said not­ing that the agree­ment will help the en­er­gy com­pa­nies con­tin­ue to pro­vide em­ploy­ment for lo­cals in the en­er­gy sec­tor."By sell­ing these prod­ucts to you, you will con­tin­ue to help us gen­er­ate rev­enue to con­tin­ue the em­ploy­ment of cit­i­zens of Trinidad and To­ba­go and at the same time with our prod­ucts com­ing in­to your coun­try, du­ty free, it means your cit­i­zens will ben­e­fit as well."

T&T will sell lu­bri­cants, diesel for ve­hi­cles, liq­ue­fied pe­tro­le­um gas (LPG) among oth­er prod­ucts.Haiti's Pres­i­dent Michel Martel­ly said he was pleased in "get­ting your prod­ucts at a bet­ter price". He said the agree­ment will al­so serve to "strength­en our re­la­tion­ship."We have been broth­ers and sis­ters for a long time, but I think a com­plete project like this one was miss­ing be­tween our coun­tries.NP is ex­pect­ed to open sev­er­al dis­tri­b­u­tion sta­tions in Haiti as a re­sult of the agree­ment.

NP chair­man Neil Go­sine said the plan was for the en­er­gy com­pa­ny to brand nine ser­vice sta­tions in Haiti with­in the next few months to sell LPG and oth­er prod­ucts, in­clud­ing lu­bri­cants. He said a fa­cil­i­ty will be set up for bunker­ing and fu­el stor­agey. State owned Petrotrin and Na­tion­al En­er­gy (for­mer­ly Na­tion­al En­er­gy Cor­po­ra­tion) will al­so be in­volved in the project, Go­sine added.Petrotrin Chair­man Lind­say Gillette said his com­pa­ny was work­ing close­ly with NP on the project and the first car­go should leave for Haiti in the next "cou­ple of months."En­er­gy Min­is­ter Kevin Ram­nar­ine said Na­tion­al En­er­gy is work­ing with the Hait­ian Gov­ern­ment to es­tab­lish a port project.