Three first-time councillors have joined the team of councillors of Couva/Tabaquite/Talparo Regional Corporation who on Tuesday pledged to serve their communities.
Stakeholders: Young, government must provide fiscal incentives to save energy industry
A view of the Pt Lisas Industrial Estate from San Fernando Hill. File photo -
A heavy task lies ahead for the new Minister of Energy and Energy Industries, Stuart Young. Stakeholders on Thursday said Young must consider advising government to provide fiscal incentive to save the energy sector.
Young was appointed the post earlier this week after the sudden death of Franklin Khan on Saturday.
The energy sector, according to former energy minister Kevin Ramnarine, is in peril and re-evaluating the gas value chain was critical. In order to achieve this he said compromise by all parties involved, particularly the government would be a necessity for change to take place.
NGC: Talks with Methanol Holdings on gas supply ongoing
National Gas Company head office in Pt Lisas. -
THE National Gas Company (NGC) on Saturday said it is continuing negotiations for a gas supply agreement with Methanol Holdings (Trinidad) Ltd (MHTL). Failure between NGC and MHTL to reach an agreement last Thursday, resulted in the latter taking the decision to idle its M4 and M5plants at the Pt Lisas Industrial Estate.
In response to questions from Newsday, NGC officials said, The parties are in negotiation with a lot of volatility in the market in the midst of a global pandemic. They continued, Some plants like Nutrien which made announcements are back in operation.