Senior Reporter
andrea.perez-sobers
@guardian.co.tt
Former energy minister Stuart Young has rejected claims by the current administration that it has broken new ground in regional energy cooperation, arguing that all substantive initiatives with Guyana and Suriname were advanced under the previous People’s National Movement government.
Young maintained that since the United National Congress administration led by Kamla Persad-Bissessar took office in May 2025, there have been no new achievements in the energy sector.
He pointed instead to the shutdown of Nutrien and what he described as a decline in competitiveness within the manufacturing sector.
He contended that collaboration with Guyana and Suriname was formalised under the PNM through signed agreements and ongoing discussions. According to Young, arrangements were also concluded with Staatsolie, Suriname’s state-owned oil company, and investments were being pursued in Guyana across solar, gas and extractive industries.
“There is not a single new initiative that Kamla Persad Bissessar’s government has achieved in the energy sector to date—not one,” Young said.
On cross-border and near-border natural gas discussions with Venezuela, Young argued that the Government is not engaged in direct negotiations with the Bolivarian Republic and that such an approach would not be in T&T’s interest. He stated that it was the PNM administration that secured a 30-year exploration and production licence for the Dragon gas field and a 20-year licence for Cocuina, along with Office of Foreign Assets Control’s approvals in the name of the T&T’s Government. He distinguished those arrangements from licences now held in the names of Shell plc and BP plc.
Young accused the Government of attempting to claim credit for initiatives already concluded and of misrepresenting the record.
His comments came a day after Minister of Energy Roodal Moonilal signalled a reset in regional energy diplomacy while addressing the Guyana Energy Conference and Supply Chain Expo in Georgetown.
Moonilal acknowledged that closer synchronisation between Trinidad and Tobago and its regional neighbours had not progressed as it should have in recent years. He outlined plans for a structured framework for cooperation, including a recurring platform for regional energy ministers and technical teams to coordinate policy, investment planning, and infrastructure development.
He also promoted T&T’s established energy infrastructure, including pipelines, liquefied natural gas facilities, and petrochemical plants as a base that could support faster gas monetisation for emerging producers rather than duplicating capital-intensive assets.
Moonilal further referenced discussions on the possible restart of the Pointe-à-Pierre refinery, shuttered in 2018, and indicated openness to potential crude supply arrangements should operations resume.
