Failed NGC deal a ‘bitter blow’
Energy Minister Franklin Khan. -
THE shutdown of two of Methanol Holdings (Trinidad) Ltd (MHTL) plants on Thursday, after a failed gas supply agreement with the National Gas Company, has been described as a “bitter blow” to the energy industry by stakeholders. It is the latest in a series of halted operations among plants at the Pt Lisas Industrial Estate.
Former energy minister Kevin Ramnarine, who addressed the issue on his Facebook page, said the energy sector and the estate were in trouble after the closure of four methanol plants out of seven, and out of 20 other plants, seven have been shut down in the last few years.