Senior Reporter
dareece.polo@guardian.co.tt
As global political dynamics continue to evolve, political analyst Derek Ramsamooj believes the Dragon gas deal remains viable but securing its future will require adaptability and strategic leadership.
“Every day is a political rollercoaster ride, and we must have adaptability and strategic negotiations in our leadership if we wish to secure our economic well-being,” Ramsamooj said yesterday.
Amid ongoing discussions on key energy agreements and international trade relations, he stressed that successful negotiations demand a strong understanding of global political realities, particularly given shifts in the United States under Donald Trump’s administration.
“The negotiations are an ongoing matter. It requires skillsets of leaders to understand the political realities in the United States of Donald Trump’s government and how to manoeuvre best to look after our interests. Nothing is dead when it comes to global strategic relationships. It is timing,” he explained.
“If we look at what’s happening between (Vladimir) Putin and between Ukraine, all our negotiations are in a state of flux,” he added.
Meanwhile, political scientist Dr Maukesh Basdeo warned that failure to secure the Dragon gas deal could have significant financial and economic consequences for Trinidad and Tobago. He expects Energy Minister Stuart Young to prioritise the issue as he transitions into national leadership.
“So, he (Young) would require some time to see how to get around this because you recall that last year in the budget, Dr (Keith) Rowley did indicate to us that the country may experience some financial difficulties up until 2027. And he said that those difficulties can be removed with the advent of the flow of Dragon gas to our oil and gas facilities in Trinidad. He expected that the project should be completed and first gas by 2027. This is up in the air for discussion, how is that going to be materialised?”
He also highlighted the need for engagement with the Trump administration, emphasising that securing concessions could be crucial for the future of the project.
“So, will Prime Minister Rowley, current and or prime minister Young, what are their plans to engage the Trump administration? Put any sort of concessions on it? That’s another issue that will immediately be put on the front burner for acting Prime Minister Young as he goes into office.”