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The US outmanoeuvred T&T
Posted: Monday, January 30, 2023
Dragon Gas: The US outmanoeuvred T&T
Sanctions were imposed on Venezuela by the USA in 2019 denying it access to global energy and financial markets driving the country to the brink of bankruptcy. The sanctions affect any company or country doing business with Venezuela and remain a deterrent to foreign investment in Venezuela. No western petroleum company will risk the severe penalties which accompany those sanctions as it will jeopardise their worldwide operations, not only those in Venezuela. That holds good for NGC and the GORTT as well.
Lifting the sanctions is crucial for any company to do business with Venezuela. The sanctions have only been lifted for two years. This is not enough time to facilitate the many steps to bring this project to fruition far less to allow an investor to recover the substantial sums required to bring Dragon gas onstream. Further, in keeping with US policy, the waiver conditions are impractical and unworkable from a business perspective.
NGC's Khan looks at value creation
Khan was appointed the NGC's Chairman in September after initially being appointed to the board as a director in February.
And in those five months, the NGC has been at the centre of two significant announcements affecting this country's energy industry.
UWI Prof: T&T impeding progress in renewables thrust
I FEEL LIKE HULK
Opposition Leader dismisses calls for her resignation, declares:
Pundit assaulted in call for Kamla's removal as UNC leader
Media in mourning
'Newsday' photographer Sureash Cholai dies
Beckles: Building practises being monitored to ease flooding
Do you know this building?
Originally, I had no idea who the photographer was or when it was taken. Since that time following extensive research and through a process of elimination, I now believe that this photograph was taken by M. E. Zaiffdeen, official photographer for Trinidad Leaseholds Limited and later Texaco Trinidad.
BLOODY WEEKEND OF 11 MURDERS
THREE men were shot and killed in Cunupia on Saturday night in what police described as a "revenge hit," following the murder of two men in Cunupia earlier that day.
3 men killed in Cunupia in third triple killing for January
Ten killings drive up murder count
At around 7.48 pm on Saturday, officers from the Cunupia Police Station got a report about a shooting at Hassarath Road, Cunupia. PCs Archibar and Mohammed of the Central Division Task Force, who were on mobile patrol, went to the scene at around 8.25 pm and found Ramjattan and Thomas lying next to each other in a yard with multiple gunshot wounds. They were told that a third victim, Ince, had been taken to the Chaguanas District Health Facility. Ince was later transferred to the Eric Williams Medical Sciences Complex where he died early yesterday morning.
Wrecks being bought to commit crimes
Several mechanics and car insurance clients, who did not want to be named, shared personal accounts of their written-off vehicles or wrecks being sold to garages, only for the non-roadworthy vehicles to end up back on the road, or for their vehicle's chassis or licence numbers to be removed and used on stolen vehicles.
Bather drowns at Tyrico
This is the third drowning since December last year and the second drowning at Tyrico this month.
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