Min­is­ter of En­er­gy and En­er­gy In­dus­tries, Dr. Roodal Mooni­lal MP, has reaf­firmed the Gov­ern­ment’s com­mit­ment to col­lab­o­ra­tion with Grena­da on oil and gas ex­plo­ration in its wa­ters, as well as the re­new­al of a part­ner­ship be­tween the Na­tion­al Gas Com­pa­ny (NGC) and the Glob­al Pe­tro­le­um Group (GPG).

Min­is­ter Mooni­lal and his Cab­i­net col­league Ernesto Ke­sar, Min­is­ter in the Min­istry of En­er­gy and En­er­gy In­dus­tries, along with se­nior Min­istry of­fi­cials, met with GPG ex­ec­u­tives Ed­uard Vasi­lyev (Ex­ec­u­tive Di­rec­tor) and Leonid Mironov (Fi­nance and Cor­po­rate Af­fairs Of­fi­cer) on 23 June 2025.

GPG is an oil and gas com­pa­ny en­gaged in ex­plo­ration and ap­praisal ac­tiv­i­ties off Grena­da's south­ern coast, close to the Patao/Drag­on fields in Venezuela and the North Coast Ma­rine Area (NC­MA) fields in Trinidad. In 2018, GPG suc­cess­ful­ly es­tab­lished a com­mer­cial agree­ment with the Na­tion­al Gas Com­pa­ny of Trinidad and To­ba­go (NGC).

The Min­istry notes that the part­ner­ship emerged from the En­er­gy Sec­tor De­vel­op­ment Frame­work Agree­ment signed in 2012 be­tween the Gov­ern­ments of Trinidad and To­ba­go and Grena­da. The agree­ment was seen as a ma­jor step in CARI­COM’s en­er­gy col­lab­o­ra­tion, fos­ter­ing eco­nom­ic growth in the re­gion.

Build­ing on this frame­work agree­ment, Min­is­ter Mooni­lal reaf­firmed the Gov­ern­ment’s com­mit­ment to col­lab­o­ra­tion with Grena­da and to ac­tive­ly pur­su­ing dis­cus­sions aimed at strate­gi­cal­ly strength­en­ing these bi­lat­er­al re­la­tions.

Dur­ing the meet­ing, GPG’s ex­ec­u­tives high­light­ed the com­pa­ny’s on­go­ing drilling ac­tiv­i­ty in Grena­di­an wa­ters.

Both par­ties al­so dis­cussed the re­new­al of the NGC-GPG part­ner­ship.

The Min­istry re­ports that Min­is­ter Mooni­lal al­so gave a com­mit­ment to en­gage in fol­low up dis­cus­sions that would in­clude all lo­cal par­ties and GPG, with a view to ex­plor­ing all op­tions to ad­vance the part­ner­ship.