Energy Minister, Stuart Young, said yesterday that some temporary difficulties in the supply of natural gas from one of the major natural gas upstream suppliers have affected some of the plants at Point Lisas, but up to yesterday, some plants were being restarted as they got gas.
Young gave the information in the Senate yesterday, responding to UNC Senator Wade Mark’s queries about measures being taken to address the “shutdown of cooking gas production” and several petrochemical plants at Point Lisas “triggered by an electrical fire at BPTT’s Mahogany hub.”
Young repeated Phoenix Park Gas Processors Limited (PPGPL) assurances of no cooking gas shortage and said that PPGPL’s processing units were down for routine maintenance works that were in planning for over a year.
Mark asked Young to confirm whether the M IV methanol plant, Tringen II ammonia plant and three of five Nutrien ammonia plants at Point Lisas were down due to a lack of natural gas supply.
Young said, “Plants at Point Lisas from time to time—similar to PPGPL—have to go down to do routine maintenance works. Some of those plants will fall into that category.”
Young said Mark’s query about a fire at the Mahogany platform was explained by a bpTT news release, adding that the fire had nothing to do with the state of any of the plants at Point Lisas. He said bpTT said it was a small fire on a temporary piece of equipment and the situation was back to normal production level.
Young added, “What I can say is there have been some temporary difficulties in gas supply from one of our major natural gas upstream suppliers that have affected some of the plants at Point Lisas. Some of these plants are also utilising the opportunity and the time to do routine maintenance.”
“It doesn’t mean we’re not always concerned about consistent gas supplies from upstream producers, whom the Government and NGC have absolutely no control over what happens with respect to their production, save to be in a position as we’ve done consistently to ensure that all that needs to be done on our part is done so there’ll be a maintained production of natural gas.”
Young said, “As we’re speaking, some of the plants referred to by Senator Mark are on their way to being restarted as they get gas supply.”
New trade agency before year-end
On other queries, from Independent Senator Amrita Deonarine, Trade and Industry Minister Paula Gopee-Scoon said the proposed establishment of a single trade and investment promotion entity, the T&T Trade and Investment Promotion Agency (TTTIPA), will be before year-end.
To this end, the Ministry has engaged the services of a human resource and industrial relations consultant, and a change management and communications consultant.
She added, “With Inter-American Development Bank (IDB) support, additional consultancies will be executed for HR support and development of the institutional governance framework for the agency; digital tools and systems, and strategic plan.”
She said the change management and HR/IR consultancies commenced in January and March 2023 respectively. The IDB identified a preferred consultant who was to commence work this month.
“InvestTT, exporTT and CreativeTT are currently taking action to complete the amalgamation process, which involves sensitive legal and HR and industrial relations issues that must be treated with the highest level of care and detail. Among the critical and sensitive issues that are being addressed include valuation of the entities, treatment of shares and treatment of unionised employees,” she added.
Upon completion of all activities, the legal establishment of the agency will occur following approval of the Articles of Amalgamation of the new entity by the Registrar General, projected to occur before the end of the fiscal year.
“It’s anticipated it will be established before the end of fiscal 2023...there have been no significant delays reported.”