Senior Reporter
sascha.wilson@guardian.co.tt
Energy Minister Stuart Young expects to get feedback from the evaluation committee reviewing the bids for the mothball Petrotrin refinery in a few weeks.
During the Peoples National Movement 51st constituency conference last Friday, Prime Minister Dr Keith Rowley revealed that Indian businessman Naveen Jindal, chairman of Jindal Steel and Power Ltd, had withdrawn his interest in purchasing the refinery. Rowley said Jindal bowed out due to attacks by the Opposition.
Asked about the refinery during an interview with reporters at National Energy Skills Centre (NESC) Technical Institute’s drilling academy in Ste Madeleine on Tuesday, Young noted there were ten or more prospective bidders
The minister said, “The evaluation committee chaired by former permanent sectary, now High Commissioner from Trinidad and Tobago to the United Kingdom Vishnu Dhanpaul, they are busy working at it and looking at what has come forward and I look forward to getting the results from them and recommendations in the next few weeks.”
Asked by reporters if there is a possibility of a restarted refinery processing crude oil from Guyana and if discussions had been held with Georgetown, Young replied, “The Government of Trinidad and Tobago has been engaged with the Government of Guyana.
“The Prime Minister has gone to Guyana for their last two energy conferences. Himself and myself have participated in high-level conversations with the president and vice president of Guyana.
“Obviously, those are things that you will look at, because there must be a supply of crude (oil). But at the end of the day let’s see what the proposals that have come forward are, because the government is not taking a shareholder interest in this thing. So let’s see what the proposals come forward with.”
Welcoming A&V Oil and Gas Ltd’s announcement that its Catshill Field is producing an average of 2,100 barrels of oil per day, the minister said the Government has been pushing for more drilling.
He added, “I am happy that finally, we have some onshore gas production, because onshore gas production is a lot less complicated. It can also come in a lot cheaper than offshore.”
Touching on this during his address earlier, the minister added that A&V was now the largest onshore independent producer in the country.
Noting that there were international job opportunities in the energy sector, he encouraged students, “One must never be stagnant and to you, the students what you have here is wonderful opportunities. Don’t confine your minds only to Trinidad and Tobago.”
Boasting that T&T was on the global energy map, he urged them not to listen to naysayers. Congratulating the administration, he said the drilling academy is important, he said if had his way he would be drilling a few wells per day in “the whole of South Trinidad.”
Describing the drilling academy as a gem, NESC president Curtis Dass said they intend to expand their training regionally. He also asked the minister to consider a standard minimum certification for working on a drilling rig, similar to the PLEA pass for the Point Lisas Industrial Estate.
Dass said his aim is for NESC to partner with the “big boys.”
Launched in 2013, the institution is the first of its kind, in the Caribbean and Latin America. Some 400 students have graduated from their programmes designed to prepare learners for jobs on drilling rigs. The minister toured the facility.
