National Security Minister Stuart Young has signed a Memorandum of Understanding (MOU) with stakeholders in the energy sector, to formalise existing security arrangements between the government and energy sector companies as well as strengthen relations by providing a framework for the sharing of security-related information.
A statement by the ministry says the agreement aims to bolster cooperation and safeguard the sector from the various threats it faces.
Those involved in today's signing included the National Gas Company of Trinidad and Tobago (NGC); Atlantic LNG Company of Trinidad and Tobago; Point Lisas Industrial Port Development Corporation Limited; National Energy Corporation of Trinidad and Tobago; DeNovo Energy Limited; Trinidad and Tobago Electricity Commission (T&TEC); The Power Generation Company of Trinidad and Tobago Limited; YARA Trinidad Limited; and the National Petroleum Marketing Company Limited (NP).
The ministry says this MOU is a product of the Energy Sector Security Initiative (ESSI), a Public-Private Sector Partnership under the aegis of the Ministry of National Security and the Ministry of Energy and Energy Industries.
It was established with the principal focus on critical energy infrastructure protection by creating a sustainable mechanism to prevent, mitigate, prepare for, respond to and recover from all possible threats and vulnerabilities which have the potential to disrupt Trinidad and Tobago’s Energy Sector.