Andrea Perez-Sobers
Senior Reporter
andrea.perez-sobers@guardian.co.tt
Energy Minister Dr Roodal Moonilal confirmed discussions between the Government and Canadian fertiliser giant Nutrien Ltd. remain active, as both sides explore the company’s future operations and potential new investments in the country.
Speaking with Business Guardian on Tuesday afternoon, Dr Moonilal confirmed that despite the ongoing suspension of Nutrien’s nitrogen (ammonia and urea) operations, communication has not broken down. “We continue to have dialogue with them on their future and investment possibilities in T&T,” he said. “They have not closed the door on T&T, and we have not closed the door on Nutrien.”
Nutrien announced a controlled shutdown of its Trinidad Nitrogen operations on October 23, citing port access restrictions imposed by the National Energy Corporation and a lack of reliable and economic natural gas supply. The company also continues to dispute claims that it owes several million dollars in retroactive port fees, a disagreement that has stalled progress.
While Dr Moonilal declined to predict whether Nutrien would resume full operations before the end of the year, he said the Government remains committed to maintaining open communication and exploring areas of collaboration beyond energy. “We continue to talk about their strategic involvement in Trinidad and Tobago, both in the energy sector and in collaboration with the agricultural sector,” he explained.
Moonilal highlighted the ongoing discussions include potential partnerships that could see Nutrien play a more integrated role in the country’s food production efforts, part of a wider government strategy to link the energy and agricultural sectors.
When asked about the company’s previously indicated December 31, 2025, timeline for reviewing its operations, Dr Moonilal said he would not speculate on whether the company would extend its stay or scale back. “I can’t predict any movement of Nutrien or any company,” he said, “but we continue to talk about their strategic involvement.”
Sources at Nutrien told the Business Guardian that the minister was expected to meet with the Canadian company’s management onTuesday, but that the meeting was pushed back to today (Thursday).
The source said it is critical that a meeting takes place soon.
Two weeks ago, Guardian Media spoke to the minister, who was asked whether the sticking point of retroactive port fees had been resolved. Moonilal declined to go into detail. “These are matters that are really confidential that we are discussing,” he said.
He confirmed that the Government had already made arrangements to manage the impact of Nutrien’s closure, particularly regarding carbon dioxide (CO₂) supply, which had been affected by the company’s decision to suspend operations last month.
Government eyes broader investment strategy
Dr Moonilal emphasised that the Government’s approach to Point Lisas goes beyond a single company, with an eye toward attracting diversified investment to ensure long-term sustainability for the estate.
He said the Ministry of Energy and Energy Industries has been engaged in discussions with several international firms and financial institutions to generate new opportunities for growth and modernisation.
“We are always in discussions with several international companies now in terms of investment and business creation on the Point Lisas Industrial Estate and in La Brea as well,” he said.
These talks, he added, include both upstream and downstream prospects and seek to align with T&T’s ongoing efforts to optimise its gas utilisation and expand industrial output.
Point Lisas has long been a cornerstone of the national economy, hosting major ammonia, methanol and steel producers. However, recurring issues surrounding natural gas availability and contract pricing have challenged operators in recent years, prompting closures and curtailments that have rippled across the economy.
Moonilal’s remarks come at a time when the global fertiliser market is facing renewed scrutiny over supply chain vulnerabilities. Nutrien’s decision to idle operations in Trinidad has reverberated across international markets, drawing concern from agricultural stakeholders, particularly in North America.
The shutdown has not gone unnoticed abroad. On Tuesday, Farm Futures, a leading U.S. agriculture publication, reported that Nutrien’s continued inactivity in Trinidad could affect global ammonia availability if the situation persists.
The article noted that with operations now in their third week of suspension, any prolonged disruption could tighten supplies and potentially drive up prices worldwide.
While the US remains largely self-sufficient in anhydrous ammonia production, analysts caution that the global fertiliser balance is delicate and vulnerable to regional shocks.
University of Missouri agricultural economist Ben Brown told Farm Futures that while the short-term impact on US farmers is likely to be limited, a longer shutdown could shift global pricing dynamics.
“If the shutdown is prolonged, it could continue to shrink the available supply of ammonia to the global market,” Brown said. He added that “prices for domestic (US) producers can be increased if global users are willing to pay more. Ammonia is currently one of the cheapest global forms of nitrogen, so there is upside price potential.”
The report also highlighted that North American farmers are already under strain from high fertiliser costs and geopolitical pressures. Increases in nitrogen prices could further complicate planning for the upcoming planting seasons, especially for producers already paying elevated rates for phosphate and potash.
T&T is one of the world’s key exporters of ammonia, and any production disruption here has implications for the international fertiliser trade. The country’s gas-based industrial output remains a vital source of foreign exchange, even as domestic consumption and global competition create pressure to maintain stability and investment confidence.
This week, former minister of energy Stuart Young criticised the Government’s handling of the Nutrien issue in a social media post, suggesting that the situation reflected poorly on the country’s global image.
“I hope Minister Moonilal and National Gas Company (NGC) chairman Gerald Ramdeen understand the implications of their actions. This is how T&T is being portrayed globally due to a complete lack of understanding and a serious dose of incompetence,” wrote Young.
Dragon gas deal still alive
Turning to another major energy matter, Dr Moonilal assured that the Dragon gas project, T&T’s near-border initiative with Venezuela, remains on the table.
He described ongoing discussions among all parties as “delicate but active,” noting that significant technical and commercial work continues under the constraints of the US Office of Foreign Assets Control (OFAC) licence, which allows limited collaboration until next April.
“We continue to meet and discuss that issue with all stakeholders,” the Minister said. “It requires a lot of behind-the-scenes work in terms of applications, field development plans, and commercial arrangements.”
While progress has been slower than initially projected, Moonilal confirmed that the licence remains valid and that the Government expects to advance the project before the end of the year. “We are working with the licence that we have now, and we expect a good time to progress that by December or so,” he explained.
He acknowledged that the process involves “an enormous amount of behind-the-scenes work” to coordinate production, technical planning, and commercial frameworks among partners.
Despite the geopolitical sensitivities and logistical challenges, Moonilal reaffirmed that the Dragon project is still part of T&T’s future energy landscape and that every effort is being made to move it forward under existing legal and diplomatic parameters.
