Trinidad and Tobago is likely to develop all of the 10 trillion cubic feet of natural gas in the Loran and Manatee gas fields, according to Energy Minister Franklyn Khan.
Speaking at the Hyatt Regency on Tuesday, on the second day of the Energy Chamber's 2020 Energy Conference, Khan said while the agreement is to independently develop the Manatee and Loran fields, it was logical to assume that once first gas comes to T&T, then the Venezuelans also are likely to allow the resources in Loran to be produced here, as well.
Prime Minister Dr Keith Rowley has announced that Trinidad and Tobago and Venezuela have rescinded their agreement to jointly exploit 10 trillion cubic feet of natural gas in the Loran Manatee field and would instead develop it independently.
Rowley said the continued US sanctions on the Bolivarian Republic had made it all but impossible to jointly develop the gas and as a result, the two countries will go independently.
UWI’s Seismic Research Centre has documented an earthquake of magnitude 5.1 on the Richter scale, at 4:11 this morning, at the north-eastern tip of Venezuela.
The earthquake was situated at latitude: 10.75 north, and longitude: 62.20 west. It was at a depth of 10 km.
For Trinidadians, the quake was located 77 km west of Port of Spain; 99 km north west of San Fernando; and 102 km west of Arima.
Story content and image courtesy UWI SEISMIC RESEARCH CENTRE
Progress with US leaders, problems with United Kingdom’s media leader - the BBC.
Venezuelans migrants will begin receiving their registration cards from Friday.
The announcement was made by National Security Minister Stuart Young at yesterday’s post-Cabinet media conference,
He stressed that they will be required to keep them on their persons at all time.
A brisk handover of precious food and medicine is taking place at high seas near Soldado Rock, off Cedros between Venezuelan operators and local fishermen.
Venezuelan vessels barred from entering the port are now collecting medicine, and food supplies to take back to Venezuela.
The items are purchased by Venezuelans who are now working in T&T to provide for their families. They hire local fishermen to transport the items for a fee.
An international study on Venezuelans in T&T showed 46 per cent of respondents have tertiary or university level education, 53 per cent complained of facing discrimination because of their nationality and 14 per cent complained of being mistreated at work.
A pharmaceutical consultant says he will take legal action against the State if a million dollar deal falls through because of the Government’s failure to put proper structures in place for Venezuelan visas.
Linwald Beharry, a consultant with a major strategic firm, said he started negotiating with a Panama-based company to provide pharmaceuticals to T&T, two years ago.