Former Prime Minister Dr. Keith Rowley has called on the current government to disclose the specifics of the six-month OFAC (Office of Foreign Assets Control) license obtained from the United States to negotiate a Dragon gas deal with Venezuela. Rowley emphasized that withholding such details could pose significant risks to Trinidad and Tobago, potentially endangering the future of its children. His statement came on October 10, following Attorney General John Jeremie’s announcement that the government had secured the license on October 8 to engage in negotiations with Venezuela. Jeremie clarified that the license, issued under specific executive orders, permits employees, affiliates, contractors, and service providers of TT, NGC, Shell PLC, and Futura Clara Ltd to conduct transactions with Venezuela’s state-owned energy company, PDVSA. However, Jeremie did not elaborate on the terms of the arrangement, only noting that it differed from the approach taken by the previous PNM administration. While the former government sought to license the entire project, the current administration has adopted a “tiered approach,” with the license extending until April 2026. Jeremie also highlighted that the license was secured at a cost of less than half a million dollars, a stark contrast to the PNM’s expenditure of over $120 million, which yielded no results after two years. Rowley criticized the government for not engaging directly with Venezuela, as his administration had done, and accused the current leadership of mismanagement and negligence since 2016. He also questioned the government’s reliance on Shell to negotiate the deal, expressing concerns about who would protect Trinidad and Tobago’s interests in the process. Rowley warned that the government’s handling of the matter could jeopardize the nation’s economic future, particularly its energy sector, and called for greater transparency and accountability.
