Former prime minister Dr Keith Rowley has pushed back against claims by Prime Minister Kamla Persad-Bissessar that her administration is responsible for record profits at the National Gas Company (NGC).
In a statement responding to Persad-Bissessar’s address in Parliament on Friday, Rowley argued the reported $3.285 billion profit for 2025 stems from policies and restructuring carried out under the previous People’s National Movement (PNM) government.
Persad-Bissessar had told Parliament the figure represents the highest NGC profit in 11 years, saying, “What they could not do in ten years we did in ten months,” while crediting what she described as a “transformational approach” by her administration.
Rowley rejected that claim, questioning what actions the current government took to drive the increase. He pointed instead to earlier efforts to restructure the energy sector, including negotiations involving bp and changes within Atlantic LNG, which he said helped place the company on a stronger financial footing.
“As the PNM made significant progress in these areas of government and governance, David Lee, Moonilal, and the UNC were always relentless in opposing, misleading, and attempting to undermine all these efforts,” Rowley said.
He also referenced past challenges in securing gas supply agreements, saying intervention at the level of the Prime Minister’s office helped bring key stakeholders back to the table and set the stage for improved earnings.
Rowley maintained the benefits now being seen are the result of “years of hard work” and sustained engagement under the PNM, rather than recent policy changes.
“Now that we are receiving the benefit of good governance, this dishonest woman is prepared to come before the Parliament and talk such nonsense,” he said, adding that it was “an insult to the intelligence of the whole nation.”
In her address, Persad-Bissessar pointed to previous losses at NGC, including $2.1 billion in 2020 and $1.3 billion in 2023, arguing the company had suffered from poor management under the former administration.
She said the latest results reflect improved governance, strategic direction and a new approach to managing the country’s energy resources.
Rowley, however, said recent political narratives had shifted unfairly, pointing to past criticisms of energy deals.
“They will forget their calling for US sanctions against Young and Rowley for talking to sanctioned ‘narco trafficker’ Delcy Rodriguez,” he said.
