UNC MP David Lee has called on the Government to say if the Venezuelan government has lumped the Dragon Gas agreement into one with the Loran Manatee field project.
In his contribution to Monday's 2024 Budget debate in Parliament, Lee asked for details of the Dragon Field agreement signed recently.
"Did they sign when we'll be getting first gas? When are we starting operations? Did they agree T&T won't have to pay cash to the Venezuelan government?" he asked.
Lee sought clarification on whether Venezuela asked for a pipeline from the Dragon field to Guiria on the Venezuelan side and to run a pipeline to Atlantic LNG in Point Fortin.
"I don't know but I was told...and that becomes a negotiating item. If that's so, you understand what goes in Venezuela: every Monday morning they could turn off that pipeline from Guiria and our money will be jumping up," he said.
Lee also said it appears the Venezuelans want to lump the Dragon Field and Loran Manatee fields into one.
"I understand President (Nicolas) Maduro is asking T&T to reconsider that whole Loran Manatee development and if you listened to the Energy Minister in debate, he mentioned something to that effect but (didn't give details)," Lee added, calling for clarification.
Lee, who denied Energy Minister Stuart Young's claims of PP government mismanagement and lack of action on the energy sector, said Young repeated much of what he usually says in debates. He said Government hadn't moved the sector in eight years and not increased oil or gas production, but there was a lot of focus on "negotiating" contracts and claims."
Lee said current plans will only produce way ahead. He said the Review of the Economy 2024 painted a grim picture of T&T's realities and called on Young to give assurance that the Petrotrin retirees 'pension plan - which needs $200m - will be saved
Lee said Finance Minister Colm Imbert's Budget was "lacklustre, lacking sound policies to stimulate the economy, failed to meet the population's needs and was absent of any policy to drive national development."
Lee, who denied Young's claim of the Opposition lacking patriotism, said he loved his country and played blue devil and jab jab.