The Government is pushing ahead with discussions on the development of the Manakin/Cocuina cross-border gas project, with Energy Minister Dr Roodal Moonilal meeting bpTT and National Gas Company (NGC) officials on Thursday.
Talks at the Ministry of Energy and Energy Industries’ head office focused on the status of the Manakin/Cocuina natural gas resource, which straddles the maritime boundary between T&T and Venezuela.
The meeting also examined opportunities for the Government, bpTT and NGC to work together to advance development of the resource.
Moonilal led the discussions with permanent secretary Karinsa Tulsie, permanent secretary (Ag) Ava Mahabir-Dass and officials from the ministry, bpTT and NGC.
Manakin/Cocuina has emerged as another potential source of gas as T&T seeks to strengthen supplies for its energy sector and maximise the development of cross-border resources.
The ministry did not provide details on a development timeline, the estimated gas reserves, the commercial structure being considered or the investment required to bring the resource into production.
The discussions form part of ongoing efforts to advance the project and assess its potential contribution to T&T’s natural gas sector.
Moonilal stressed the need for continued collaboration among the stakeholders as the country examines opportunities to develop its natural gas resources.
The Government is also seeking to strengthen the energy sector through the responsible development of available resources.
No agreement on the development of Manakin/Cocuina was announced following Thursday’s meeting, with discussions expected to continue among the parties.
