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Saturday, July 5, 2025

Young meets with Shell

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420 days ago
20240511
Minister of Energy Stuart Young, centre, and the permanent secretary in the Ministry of Energy Penelope Bradshaw-Niles, second from left, meet with senior Shell executives, T&T country chair Adam Lomass, left, J Zoë Yujnovich, Integrated Gas and Upstream director, Shell, and the company’s business development lead, Gary Walker, at the company’s newly renovated ‘Shell Energy House’ at St Clair, Port-of-Spain.

Minister of Energy Stuart Young, centre, and the permanent secretary in the Ministry of Energy Penelope Bradshaw-Niles, second from left, meet with senior Shell executives, T&T country chair Adam Lomass, left, J Zoë Yujnovich, Integrated Gas and Upstream director, Shell, and the company’s business development lead, Gary Walker, at the company’s newly renovated ‘Shell Energy House’ at St Clair, Port-of-Spain.

MINISTRY OF ENERGY AND ENERGY INDUSTRIES

Plans for the de­vel­op­ment and pro­duc­tion of the Man­a­tee and Drag­on gas fields were dis­cussed on Wednes­day when En­er­gy Min­is­ter Stu­art Young met with Shell ex­ec­u­tives on Wednes­day.

In a news re­lease yes­ter­day, the Min­istry con­firmed the En­er­gy Min­is­ter with J Zoë Yu­jnovich, In­te­grat­ed Gas and Up­stream di­rec­tor Shell; Adam Lo­mass, se­nior vice pres­i­dent and coun­try chair, Shell Trinidad and To­ba­go; and Gary Walk­er, busi­ness de­vel­op­ment lead, Shell, at the re­cent­ly ren­o­vat­ed ‘Shell En­er­gy House’ at St Clair, Port-of-Spain.

The Aus­tralian-born Yu­jnovich is on a work­ing vis­it to Trinidad and To­ba­go

The re­lease stat­ed Shell pro­vid­ed Min­is­ter Young with an up­date on its cur­rent in-coun­try pro­duc­tion and its short-term plans for fu­ture pro­duc­tion. Up­dates were al­so pro­vid­ed with re­spect to the plans for the de­vel­op­ment and pro­duc­tion of both ‘Man­a­tee’ and ‘Drag­on.’ The Min­istry added there was al­so some dis­cus­sion con­cern­ing Trinidad and To­ba­go’s im­por­tance to Shell’s glob­al strat­e­gy and port­fo­lio.

Dur­ing the meet­ing, Min­is­ter Young re-stat­ed the im­por­tance of the re­la­tion­ship and how hard the par­ties worked to achieve the re­struc­tur­ing of AL­NG; the terms and con­di­tions of the ‘pro­duc­tion-shar­ing con­tract’ for the Man­a­tee Field; and se­cur­ing the ‘ex­plo­ration and pro­duc­tion li­cence’ for the Venezue­lan Drag­on Field, all of which, he said, will auger well for Trinidad and To­ba­go.

Yu­jnovich al­so stressed Shell’s com­mit­ment to Trinidad and To­ba­go as the par­ties toured the fa­cil­i­ties at the com­pa­ny’s ‘Shell En­er­gy House’ fol­low­ing the meet­ing.


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