Just over a week after acknowledging millions of US dollars could be added to the local economy through the fast tracking of approvals in the Energy Sector, Energy Minister Dr Roodal Moonilal has confirmed Cabinet’s decision to establish an oversight committee called the Energy Accelerator Hub.
At Thursday’s Cabinet news conference, Moonilal said this committee will include himself as well as Minister in the Ministry of Energy Ernesto Kesar and the Ministry’s Permanent Secretary and head of legal. Also, on the committee are the chair of the Environmental Management Authority, Doolar Ramlal, OSHA chairman Curt Cadet, chair of the Work Permit Committee, the Comptroller of Customs, the Chief Immigration Officer and a representative from the office of the Attorney General.
Moonilal explained the reasoning for the make up of the committee during the briefing.
“The committee will include the chairman of the Occupational Safety and Health Authority. There are approvals that regularly go before the OSHA concerning work processes, both onshore and offshore, and sometimes delays in resolving certain matters of work processes and production issues can lead to slow down and even shut down of certain production installations.
“The committee also includes the Comptroller of Customs. Customs is a critical institution as well, since many of the energy multinationals do import equipment, specialised tools and so on, that requires the attention of Customs,” he said,
“The Chief Immigration Officer is also included, since this deals directly with this use of workers and expats in the country.”
The Energy Minister confirmed that the hub will begin work this month and has been authorised to co-opt the services of representatives of other Government agencies as required.
He said, “This committee, as I indicated, will be housed at the Ministry of Energy and will work in real time to deal with outstanding energy matters as it pertains to fast tracking the projects that are before us, it has been well received by all stakeholders in the energy sector, and we expect that work will begin as of this month on the establishment of this committee.
“It will also involved as its terms of reference, the duty to evaluate approval processes and activities falling under our jurisdiction, the monitoring of the processing of requests for approvals in the sector with necessary interventions to identify bottlenecks in the approval processes of energy sector activities under our purview, and to provide periodic reports to the Cabinet on the work of the accelerator hub.”
He added, “I can say in closing that not a day goes by without a request from our international partners and local companies for some help as far as it relates to fast tracking.”
Moonilal spoke about the importance of improving approval times in the energy sector on December 29, when the Certificate of Environmental Clearance (CEC) was ceremonially delivered to ExxonMobil Trinidad and Tobago Deepwater (ExxonMobil) for the conduct of a 3D seismic survey.
When addressing media at that event, he acknowledged a report by the Energy Chamber of T&T, which stated that increasing efficiency in terms of approvals within the sector could lead to increased earnings of US$120 million.
In response to those comments, the Energy Chamber welcomed the move to accelerate the approval of energy projects.
The body expressed full support of the Minister of Energy’s focus on removing red-tape in the energy sector as it had stated accelerating the pace of approvals is the first item in the Energy Chamber’s six-point plan to increase gas supply and maximise energy exports.
