Senior Reporter
andrea.perez-sobers@
guardian.co.tt
Energy Minister Dr Roodal Moonilal says he has taken note of Guyana Vice President Dr Bharrat Jagdeo’s statement that his country does not have gas to supply to anyone, but that he is willing to meet with the T&T Government on possible future arrangements.
Contacted for comment yesterday, Moonilal said, “Certainly, Jagdeo’s invitation to have discussions on any role for T&T will be considered in the interest of the people of Guyana and this country. The role of the private sector arrangements in that context is noted for short-term consultations. I can confirm that I already dispatched, in my first week on the job, correspondence to my counterpart in Guyana on our eagerness to discuss bilateral cooperation on all energy-related matters.”
Addressing possible energy collaboration between Guyana and T&T last week, Jagdeo said before T&T’s General Election last month, he had indicated there was not enough gas to supply both countries.
“We need all of the gas there for our electricity generation and the fertiliser plant. There is a project that we have not approved as yet that is being explored between Fulcrum LNG and ExxonMobil, and the government of Guyana to develop the gas reserves. They’re exploring several options as to what to do with this gas. ... I said if T&T is interested, then the tripartite arrangement, ExxonMobil, Fulcrum LNG, and the government of Guyana would have to examine whether taking the gas to T&T outweighs those other options in terms of financial feasibility,” Jagdeo disclosed.
Prime Minister Kamla Persad-Bissessar last week instructed Moonilal to seek out new sources of oil and gas for the country from Grenada, Guyana, and Suriname.
Meanwhile, energy expert Anthony Paul said this country needs to work with diplomacy with Guyana, in order to get a better understanding of their gas situation.
Paul said Guyana should also use T&T’s experience to come up with the right technical and commercial solution. He noted that it is important to understand the state of Guyana resources to get long-term access to them.
Another energy expert, Dr Krishna Persad, responding to Jagdeo’s comments, said Guyana has to look after its interests, as does T&T, and Guyana.
Persad said the Guyana government wants to build a gas-based industry in that country with the gas that is coming onshore via the pipeline built by ExxonMobil. However, he said Jagdeo’s indication that he’s willing to talk with the T&T Government was a good sign.
Giving his suggestion to Government, Persad T&T should use its experience in gas processing to its advantage.
“The Government should go to the Guyanese government and say, we understand your position. We recognise your position and did the same many years ago and became very successful. So, we want to join you in your success,” he explained.
Persad also said one of the things T&T can do to fast-track its development in the gas-based industry is to take the three-in-one LNG plant, move it from Trinidad, and take it to Guyana.
“We will be able to access our share, at cost, to the value of the LNG train, and we share it 50-50 or whatever. That way, we can bring LNG to T&T quickly and fulfil our gas supply needs by importing LNG from Guyana. Also, our PPGL plant can process the liquid,” he said.