JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Tuesday, April 1, 2025

Opposition MP says Khan must go, after Proman downs two plants

by

1461 days ago
20210401
Dr David Lee, Member of Parliament for Pointe-a-Pierre and Shadow Energy Minister, says Franklin Khan, Minister of Energy (left), is presiding over the collapse of T&T’s energy sector.  (Images courtesy Parliament of Trinidad and Tobago)

Dr David Lee, Member of Parliament for Pointe-a-Pierre and Shadow Energy Minister, says Franklin Khan, Minister of Energy (left), is presiding over the collapse of T&T’s energy sector. (Images courtesy Parliament of Trinidad and Tobago)

Mem­ber of Par­lia­ment for Pointe-a-Pierre, Dr David Lee, says the move by Pro­man to shut down two of its plants is a di­rect re­sult of the in­com­pe­tence of the cur­rent ad­min­is­tra­tion—most es­pe­cial­ly, En­er­gy Min­is­ter Franklin Khan.  He called for the Min­is­ter to re­sign.

Ear­li­er to­day, Pro­man Trinidad and To­ba­go is­sued a re­lease stat­ing that it had no choice but to leave idle two of its Methanol plants—the M4 and M5000 plants—ef­fec­tive im­me­di­ate­ly.  The com­pa­ny in­di­cat­ed that its M2 and M3 plants will con­tin­ue run­ning on De­N­o­vo gas on­ly.

In a state­ment is­sued to­day not long af­ter the Pro­man an­nounce­ment, the Op­po­si­tion MP says the Row­ley ad­min­is­tra­tion “con­tin­ues to fail, de­stroy and dec­i­mate the en­er­gy sec­tor”.

“The star­tling rev­e­la­tion by Pro­man's Man­ag­ing Di­rec­tor that the sig­nif­i­cant in­crease in NGC gas pric­ing for April made their M4 and M500 plants eco­nom­i­cal­ly un­sus­tain­able, shows how our en­er­gy sec­tor has be­come un­com­pet­i­tive as well as less pro­duc­tive un­der this Gov­ern­ment,” said Dr Lee, who is the Shad­ow Min­is­ter of En­er­gy.

“These shut­downs, like the oth­er ma­jor petro­chem­i­cal plant shut­downs in the past months, are a di­rect re­sult of this ad­min­is­tra­tion's failed Hous­ton gas price ne­go­ti­a­tions as well as their thor­ough in­abil­i­ty to ad­dress the gas short­age,” he added. 

The Op­po­si­tion MP ar­gues that Gov­ern­ment can­not lay the blame for this lat­est de­vel­op­ment on COVID-19 or glob­al en­er­gy mar­ket con­di­tions.

“Since 2017, we have seen ma­jor petro­chem­i­cal plants shut­down with gi­ants such as YARA clos­ing down in 2019, all be­cause of the un­at­trac­tive con­di­tions cre­at­ed by this gov­ern­ment,” Dr Lee said.  “How can we have con­fi­dence in a Min­is­ter who said the en­er­gy sec­tor is in a good po­si­tion, yet weeks lat­er, a com­pa­ny that has of­fered over 30 years' ser­vice to this na­tion has had to idle two key plants?” 

The Shad­ow En­er­gy Min­is­ter says Gov­ern­ments han­dling of the gas cri­sis in the down­stream sec­tor has been ir­re­spon­si­ble, and he ques­tioned re­cent pol­i­cy de­ci­sions made.

He stat­ed: “It is damn­ing and detri­men­tal to the eco­nom­ic well-be­ing of our na­tion that the gas sup­ply of a com­pa­ny like Pro­man which has gen­er­at­ed mil­lions in rev­enue, forex as well as cre­at­ed hun­dreds of jobs in the past would be hin­dered, yet Ni­quan a com­pa­ny that has no in­dus­try track record and is re­port­ed­ly strug­gling to meet its pro­duc­tion tar­gets has been giv­en a guar­an­teed sup­ply of gas.” 

The Pointe-a-Pierre MP says Min­is­ter Khan must be re­lieved of his post, oth­er­wise the coun­try with see “a cat­a­stroph­ic col­lapse of our en­er­gy sec­tor be­yond the point of no re­turn”. 


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored