Grenada and Trinidad and Tobago Discuss Cooperation in the Energy Sector

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Published on Thursday, 15 September 2011 08:45

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ST GEORGE’S, Grenada, September 15, 2011 - Grenada and Trinidad and Tobago have begun a series of discussions on how both countries could collaborate in the Energy Sector.

Grenada’s Minister with responsibility for Energy, Nazim Burke met with his Trinidadian counterpart, Senator Kevin Ramnarine in Port-of-Spain on Wednesday where they discussed possible areas of cooperation in the energy sector.

Minister Burke expressed Grenada’s interest in collaborating with Trinidad and Tobago to draw upon its more than 100 years of experience in the offshore oil and gas industry as Grenada seeks to develop its own offshore sector.

Minister Ramnarine expressed an eagerness on the part of Trinidad and Tobago to work with Grenada to develop its institutional and legislative capacity in the petroleum sector.

Minister Ramnarine was particularly excited over the prospects of what could be a historic joint arrangement on the exploration and exploitation of the maritime are that straddles the recently agreed maritime boundary.

It was agreed that a draft Framework Agreement would be prepared and reviewed by both countries before the end of 2011. It was further agreed, that as a priority, joint seismic studies would be conducted in the areas of interest.

A Grenadian technical team will be put together to work with their Trinidadian counterparts to prepare and expedite a Joint Work Programme for the next 12 months.

Today’s meeting was a follow up to one held in May of this year with the former Minister of Energy, Caroline Seepersad-Bachan.

The Grenada delegation also included Mr. Alva Browne, Foreign Officer; Mr. Gilbert Massell, Surveyor, Cartographer and Dr. Hugh Sealy, Energy Advisor.

ENDS

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