In the wake of news that the US Department of Treasury issued OFAC general licences to BP and Shell, former energy minister Stuart Young has raised questions concerning the Government’s negotiations with Venezuela.
Young noted that the OFAC General License No 50 “specifically identifies BP PLC and Shell PLC as now having some ability to enter into arrangements with Venezuela related to oil and gas under very specific conditions.”
However, he stated there were four questions the Prime Minister had to answer with regard to its relationship with Venezuela.
Young asked, “Is the Kamla Persad-Bissessar Government having any ‘direct’ discussions and negotiations with the acting president of the Bolivarian Republic of Venezuela, Delcy Rodríguez, as the Dragon field is owned by Venezuela as are Cocuina and Loran?”
He also asked if the Prime Minster recognised Delcy Roderíguez as the acting president of Venezuela while also posing the question, “Has Kamla Persad-Bissessar left any and all discussions and/or negotiations with Venezuela up to BP and Shell, and if so, what does that mean for the people of Trinidad and Tobago?”
He continued, “By being absent and non-existent in any such discussions and negotiations, Kamla Persad-Bissessar is disadvantaging the citizens of Trinidad and Tobago.”
Finally, Young asked, “Is the government of the Bolivarian Republic of Venezuela willing to still export Venezuelan gas to Trinidad and Tobago after the behaviour of Kamla Persad-Bissessar and her Government towards them over the past ten years?”
