Point Fortin MP Paula Gopee-Scoon is challenging the Government to conform to meet international standards in the energy sector. She made the comment in her contribution to the budget debate in the House of Representatives at Tower D, Waterfront Complex, Wrightson Road, Port-of-Spain on Friday. She said the Opposition was holding the Government and the Energy Minister Kevin Ramnarine accountable for the $700 million which he said was required to upgrade the Soldado West Development Plan. She said also that Petrotrin plans to spend $1.2 billion and most of it will go to Trinmar.
Zeroing in on Petrotrin, she said: "We (T&T) consume 20 per cent of Petrotrin's products and the rest of it goes to exports for which we must conform to international standards. Without these plants, there would be no hope for exports. These goods are available elsewhere and Petrotrin is forced to be competitive." At the same time, she admitted, there were increased project costs due to variables like the shortage of steel. Gopee-Scoon said the move toward gas optimisation programmes and ultra low sulphur diesel were "required to meet stringent quality specifications".
She said: "An improved sulphur project was necessary if you have to be competitive on the market. It was required for the local, regional and international markets. We have to continue with the drilling programme and the joint venture investments. I am particularly pleased about the investment in the Soldado West development plan." She accused the People's Partnership of adding "no monetary value to the energy sector". She said: "The UNC-led coalition lacks credibility. "Big business requires big money. And there is no confidence of businesses putting themselves at risk. Foreign investors can choose to take their business elsewhere."
Gopee-Scoon reminded the Government the energy sector is way too crucial to the country's future to ignore the experts who are the respositories of information on its development and management. She said: "These are the men and women who understand the industry. I suggest you find a way to use their expertise. There is absolutely no politics when it comes to knowledge and professionalism. These men and women are acting in the best interest of the nation. It is on the backs of these energy policy (makers)that the country continues to survive." She paid kudos to the late energy minister Barry Barnes who contributed to "the monetisation of gas reserves" and Atlantic LNG's Oscar Prieto for their contribution to the energy sector. She also boasted that Repsol, British Gas and Atlantic LNG came into being under the PNM.
