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. "