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Sunday, July 13, 2025

PM, Moonilal meet with Proman

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18 days ago
20250625
  Prime Minister Kamla Persad-Bissessar, centre, along with Minister of Energy and Energy Industries Roodal Moonilal,, and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries, met with senior representatives from Proman on 23rd June 2025, at the Office of the Parliament, Port-of-Spain. The Proman Executive Team was led by CEO of Proman AG David Cassidy, third from left, and included Anand Ragbir, Managing Director, Proman Trinidad and Giselle Thompson, Deputy Managing Director, Proman Trinidad.

Prime Minister Kamla Persad-Bissessar, centre, along with Minister of Energy and Energy Industries Roodal Moonilal,, and the Honourable Ernesto Kesar, Minister in the Ministry of Energy and Energy Industries, met with senior representatives from Proman on 23rd June 2025, at the Office of the Parliament, Port-of-Spain. The Proman Executive Team was led by CEO of Proman AG David Cassidy, third from left, and included Anand Ragbir, Managing Director, Proman Trinidad and Giselle Thompson, Deputy Managing Director, Proman Trinidad.

COURTESY: MINISTRY OF ENERGY AND ENERGY INDUSTRIES

Two key meet­ings were held be­tween gov­ern­ment of­fi­cials and en­er­gy sec­tor ex­ec­u­tives on Mon­day.

Prime Min­is­ter Kam­la Per­sad Bisses­sar, along with Min­is­ter of En­er­gy Dr. Roodal Mooni­lal, Min­is­ter in the Min­istry of En­er­gy and En­er­gy In­dus­tries Ernesto Ke­sar met with of­fi­cials of Pro­man.

Ac­cord­ing to a news re­lease, from the Min­istry of En­er­gy, the Prime Min­is­ter and her en­er­gy min­is­ters met with David Cas­sidy, Chief Ex­ec­u­tive Of­fi­cer, Pro­man AG as well as Anand Rag­bir, Man­ag­ing Di­rec­tor, Pro­man Trinidad and Giselle Thomp­son, Deputy Man­ag­ing Di­rec­tor, Pro­man Trinidad.

The Min­istry re­lease out­lined, "The meet­ing was very fruit­ful with dis­cus­sions fo­cussed on Pro­man’s com­mit­ment to pur­su­ing fur­ther in­vest­ment in both the up­stream sec­tor and the down­stream sec­tor as it lever­ages 'its en­tre­pre­neur­ial spir­it,' to ad­vance op­por­tu­ni­ties in Trinidad and To­ba­go notwith­stand­ing chal­lenges of gas cur­tail­ments, geopo­lit­i­cal risks and volatile glob­al mar­kets. The com­pa­ny high­light­ed its aim of part­ner­ing with the Gov­ern­ment to ad­vance op­por­tu­ni­ties that will sup­port its vi­sion of Trinidad and To­ba­go's re-emer­gence as the en­er­gy hub of the re­gion."

Min­is­ters Mooni­lal and Ke­sar al­so met with Glob­al Pe­tro­le­um Group on Mon­day.

In a re­lease, the min­ster ex­plained an in­tro­duc­to­ry meet­ing was held with the GPG team, at which the min­is­ters along with the Min­istry's Per­ma­nent Sec­re­tary (Ag.) Karin­sa Tulsie and Deputy Per­ma­nent Sec­re­tary Marc Rud­der met with Mr. Ed­uard Vasi­lyev, Ex­ec­u­tive Di­rec­tor, Glob­al Pe­tro­le­um Group and Leonid Mironov, Fi­nance and Cor­po­rate Af­fairs Of­fi­cer, Glob­al Pe­tro­le­um Group (GPG) 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 of En­er­gy ex­plained this 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.

The re­lease said build­ing on this frame­work agree­ment, Min­is­ter Mooni­lal reaf­firmed the Gov­ern­ment’s com­mit­ment to col­lab­o­rate with Grena­da and to ac­tive­ly pur­sue dis­cus­sions aimed at strate­gi­cal­ly strength­en­ing these bi­lat­er­al re­la­tions. Dis­cus­sions sur­round­ed GPG’s con­tin­u­a­tion of drilling ac­tiv­i­ty in Grena­di­an wa­ters and the re­new­al of the NGC-GPG part­ner­ship.

The re­lease added, "The Ho­n­ourable Min­is­ter al­so pro­vid­ed as­sur­ance to en­gage in fol­low up dis­cus­sions to in­clude all lo­cal par­ties and GPG with a view to ex­plor­ing all op­tions to ad­vance the part­ner­ship. "


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