Plans for the development and production of the Manatee and Dragon gas fields were discussed on Wednesday when Energy Minister Stuart Young met with Shell executives on Wednesday.
In a news release yesterday, the Ministry confirmed the Energy Minister with J Zoë Yujnovich, Integrated Gas and Upstream director Shell; Adam Lomass, senior vice president and country chair, Shell Trinidad and Tobago; and Gary Walker, business development lead, Shell, at the recently renovated ‘Shell Energy House’ at St Clair, Port-of-Spain.
The Australian-born Yujnovich is on a working visit to Trinidad and Tobago
The release stated Shell provided Minister Young with an update on its current in-country production and its short-term plans for future production. Updates were also provided with respect to the plans for the development and production of both ‘Manatee’ and ‘Dragon.’ The Ministry added there was also some discussion concerning Trinidad and Tobago’s importance to Shell’s global strategy and portfolio.
During the meeting, Minister Young re-stated the importance of the relationship and how hard the parties worked to achieve the restructuring of ALNG; the terms and conditions of the ‘production-sharing contract’ for the Manatee Field; and securing the ‘exploration and production licence’ for the Venezuelan Dragon Field, all of which, he said, will auger well for Trinidad and Tobago.
Yujnovich also stressed Shell’s commitment to Trinidad and Tobago as the parties toured the facilities at the company’s ‘Shell Energy House’ following the meeting.