Is there a shortage of fuel? Will there be an increase in the price of fuel?
Opposition Leader Kamla Persad-Bissessar raised these questions at the United National Congress Monday night meeting in Fyzabad based on a document left in her mailbox. The letter by chairman of Trinidad Petroleum Holdings Limited Wilfred Espinet to Energy Minister Franklin Khan was about a monthly shortfall of US$20 million to purchase refined fuel to supply the country.
Paria Fuel Trading’s gas has met – and in many cases – exceeded the contractual specification, says Energy Minister Franklin Khan, as he defended the fuel quality.
Replying to Opposition queries in Parliament on Monday, Khan struck down concerns that the quality of gas might be responsible for fires which started in several cars.
Gasoline and diesel prices could go down if T&T decides to use methanol as five per cent its fuel mixture.
This was revealed by Vishard Chandool, manager technical and corporate services Methanol Holdings Trinidad Ltd, who told a methanol conference yesterday that the country could save as much as a quarter billion dollars on an annual basis if the country decides to blend five per cent of its fuel with methanol.
This savings, he said, can then be passed onto motorists.
State-owned Paria Fuel Trading Company could be on a collision course with the Government and State-enterprise National Petroleum Marketing Company Limited as it is insisting it must get timely payments from the Ministry of Finance for the fuel subsidy and wants NP to pay for its fuel on time.
Fishermen are planning to protest outside the Office of the Prime Minister next week because regular gas is no longer available in the country.
Vice president of the Claxton Bay Fishing Association Bhadase Sooknanan warned that without regular gas, the fuel used in the outboard engines of their boats, the local fishing industry will be obliterated. Sooknanan, who owns two boats and employs five people, said he used to spend $200 on gas for one fishing trip but that cost will increase to $500.
The quality of NP fuel is fine.
That was the assurance yesterday from National Petroleum Marketing Company chairman Sahid Hosein who said NP’s fuel is tested every day before the company issues it to service stations.
“So concerns about quality are unfounded. I assure the motoring public, very stringent measures are undertaken before fuel is taken to stations to be sold,” Hosein told Parliament’s Public Accounts Enterprises Committee (PAEC)