The Ch­agua­nas Cham­ber of In­dus­try and Com­merce (CCIC) has called on the gov­ern­ment to move fast and en­sure a con­tract is in place to get gas from Venezuela’s Drag­on Field giv­en that there could be com­pli­ca­tions be­cause of the po­lit­i­cal sta­bil­i­ty in Venezuela.

Yes­ter­day the Unit­ed States grant­ed a li­cense to Trinidad and To­ba­go to de­vel­op a ma­jor gas field lo­cat­ed in Venezuela’s ter­ri­to­r­i­al wa­ters, mark­ing a fur­ther eas­ing of some sanc­tions on Venezuela.

Speak­ing with Guardian Me­dia Cham­ber pres­i­dent Bal­dath Ma­haraj said “T&T’s abil­i­ty to ac­cess nat­ur­al gas from the Drag­on Field is a sig­nif­i­cant boost to our eco­nom­ic cir­cum­stances.”

Ma­haraj added that “giv­en that gas is a ma­jor con­trib­u­tor to our na­tion­al in­come and rev­enue gen­er­a­tion the US rec­og­nized the need for in­creased pro­duc­tion to build glob­al en­er­gy se­cu­ri­ty, es­pe­cial­ly giv­en the en­er­gy cri­sis caused by the war.”