Act­ing Prime Min­is­ter and En­er­gy Min­is­ter Stu­art Young met with Kellyanne Lochan, coun­try man­ag­er of Wood­side En­er­gy to dis­cuss the com­pa­ny’s on­go­ing projects in Trinidad. 

At the meet­ing, Lochan took the op­por­tu­ni­ty to up­date Min­is­ter Young on the re­cent as­set up­grade at Greater An­gos­tu­ra as Wood­side En­er­gy con­tin­ues to pur­sue op­por­tu­ni­ties to max­imise val­ue and safe­ly op­ti­mise pro­duc­tion and op­er­at­ing costs in T&T. 

Con­cern­ing the Ca­lyp­so deep­wa­ter project, Lochan said the mar­ket­ing and com­mer­cial dis­cus­sions re­main on­go­ing, un­der the com­pa­ny’s ex­plo­ration and de­vel­op­ment port­fo­lio. 

Min­is­ter Young took the op­por­tu­ni­ty to con­grat­u­late Wood­side En­er­gy on its lat­est LNG tanker, the ‘Wood­side Scar­let Ibis, which he said demon­strates the pos­i­tive stake­hold­er re­la­tion­ship be­tween the Gov­ern­ment and the en­er­gy com­pa­ny. 

He not­ed in the Min­istry of En­er­gy news re­lease yes­ter­day that the com­pa­ny’s Pa­cif­ic Basin po­si­tion and re­cent agree­ment for the ac­qui­si­tion of Tel­luri­an and Drift­wood LNG. The en­er­gy min­is­ter said the Gov­ern­ment is open to col­lab­o­rat­ing on op­por­tu­ni­ties that can emerge from T&T’s strate­gic lo­ca­tion in prox­im­i­ty to At­lantic and Pa­cif­ic routes for LNG. 

The min­istry added that both par­ties agreed to con­tin­ue its col­lab­o­ra­tive re­la­tion­ship in the in­ter­est of nav­i­gat­ing the glob­al eco­nom­ic out­look.