Energy Minister: Manatee gas ‘safe’ despite Venezuela ‘echoes’

Energy Minister Dr. Roodal Moonilal has assured that the Manatee gas project remains on track and secure, despite recent statements from Venezuelan officials. Speaking on the matter, Moonilal emphasized that infrastructure developments related to the project are ongoing, with continued collaboration with Shell and other stakeholders to expand gas production from Manatee. When questioned about his interactions with Venezuelan officials, Moonilal clarified that all discussions are conducted through diplomatic channels and state-to-state relations, facilitated by the Ministry of Foreign and Caricom Affairs. He reiterated Prime Minister Kamla Persad-Bissessar’s stance, highlighting that Trinidad and Tobago is not reliant on Venezuelan gas. The country has a robust strategy for oil and gas exploration, particularly with Heritage Petroleum onshore and several multinationals offshore. Moonilal also noted that there are currently no commercial ties with Venezuela regarding gas, and no financial losses are being incurred. The Manatee project, part of the Loran-Manatee field agreement reached in 2019, is expected to commence production in 2027, with a peak output of 104,000 barrels of oil equivalent per day. Additionally, Moonilal addressed Nutrien’s recent shutdown in Trinidad and Tobago, stating that the company remains interested in future investments, particularly in the agricultural sector, with further discussions anticipated in the coming days.