Foreign policy in T&T has long been viewed as mainly ceremonial - focused on speeches and photo-ops, not strategy - but this is definitely not the case.
In fact, the geopolitical map of the Southern Caribbean is changing rapidly, and unless the Kamla Persad-Bissessar administration recognises the scale of this shift, T&T risks losing its natural advantage in a region.
Despite Washington’s current military displays to target traffickers, the Southern Caribbean is shaped by much more than the old ‘war on drugs’.
This corner of the region is currently one of the most valuable geopolitical zones in the Americas, not because of what passes through it, but because of what lies beneath it — oil and gas reserves that have placed Guyana, Suriname, and Venezuela at the centre of global energy calculations.
At the heart of this transformation is the Dragon gas field project for which T&T secured a 30-year deal from Venezuela some years ago to explore and produce natural gas in partnership with Shell and PDVSA. The field, located just 15 kilometres from T&T’s Hibiscus platform, holds an estimated 3.2 to 4.2 trillion cubic feet of gas. Once developed, the gas will flow through a new subsea pipeline to Trinidad, feeding LNG and petrochemical plants that have been operating below capacity for years.
This was made possible only after Washington granted a special US Treasury (OFAC) waiver, first issued in 2023 and recently extended, allowing T&T and its partners to work with Venezuela despite ongoing sanctions. The decision was not simply about energy supply; it was a strategic gesture. The United States sees T&T as an important player in a region where energy, security and geopolitics now intersect.
Yet here at home, the Persad-Bissessar administration appears distracted — consumed by domestic politics while failing to articulate a clear foreign policy vision. There is no coherent framework linking energy diplomacy, regional trade, and security cooperation. Engagement with Guyana and Suriname remains limited, and there has been little public discussion about how Dragon fits into a long-term national or regional energy strategy.
This is a serious oversight. The Dragon project positions T&T at the centre of a potential Southern Caribbean energy corridor, one that could integrate gas production from Venezuela, Guyana, and Suriname utilising this country’s processing and export facilities. That leverage gives Port-of-Spain a platform to help shape regional energy governance — if it chooses to use it.But leadership requires foresight.
Government must anticipate the geopolitical risks tied to Dragon — especially the dependence on US sanctions relief and the influence of the Chinese in Venezuela’s energy sector. It must also strengthen ties with regional partners to ensure Dragon becomes a foundation for stability, not a flashpoint of competing interests with global powers already competing for influence.
If the Persad-Bissessar Government wants to shape the region’s future, it must act now: develop and announce a clear, strategic foreign policy vision that leverages T&T’s experience, infrastructure, and credibility. Anything less will mean surrendering regional leadership to others.292929