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Thursday, July 10, 2025

Minister Kesar, Methanex officials discuss downstream gas future

by

GUARDIAN MEDIA NEWSROOM
37 days ago
20250602
L to R – Ernesto Kesar MP, Minister in the Ministry of Energy and Energy Industries; Dean Richardson, Senior Vice President, Methanex Corporation; and Colin Bain, Managing Director and President, Methanex Trinidad Limited, at their meeting on May 29, 2025. [Image courtesy Ministry of Energy and Energy Industries]

L to R – Ernesto Kesar MP, Minister in the Ministry of Energy and Energy Industries; Dean Richardson, Senior Vice President, Methanex Corporation; and Colin Bain, Managing Director and President, Methanex Trinidad Limited, at their meeting on May 29, 2025. [Image courtesy Ministry of Energy and Energy Industries]

Ministry of Energy and Energy Industries

The po­ten­tial for fu­ture col­lab­o­ra­tion in this coun­try’s down­stream gas in­dus­try was part of dis­cus­sions re­cent­ly be­tween high lev­el of­fi­cials from the Min­istry of En­er­gy and En­er­gy In­dus­tries and Methanex Trinidad Lim­it­ed.

A re­lease from the Min­istry re­ports that Min­is­ter Ernesto Ke­sar, Min­is­ter in the Min­istry of En­er­gy, along with Karin­sa Tulsie, Per­ma­nent Sec­re­tary (Ag.), and Marc Rud­der, Deputy Per­ma­nent Sec­re­tary (Ag.) met re­cent­ly with Dean Richard­son, Se­nior Vice Pres­i­dent, Methanex Cor­po­ra­tion and Col­in Bain, Man­ag­ing Di­rec­tor and Pres­i­dent of Methanex Trinidad Lim­it­ed.

The meet­ing was held on May 29, 2025, at the Min­istry’s of­fices at the In­ter­na­tion­al Wa­ter­front Com­plex in Port-of-Spain.

Ac­cord­ing to the re­lease, Min­is­ter Ke­sar ac­knowl­edged the im­por­tance of Methanex to Trinidad and To­ba­go’s en­er­gy sec­tor as a ma­jor play­er in the down­stream sec­tor, and as a ma­jor pro­duc­er of methanol both lo­cal­ly and glob­al­ly.

Methanex has op­er­at­ed in this coun­try for 25 years.

“The Ho­n­ourable Min­is­ter re­ceived a high-lev­el overview of the op­er­a­tions of the com­pa­ny and dur­ing the meet­ing, ar­eas in which fur­ther col­lab­o­ra­tion could be pur­sued were dis­cussed,” the Min­istry re­ports.

The Min­istry notes that the Methanex of­fi­cials al­so un­der­scored the im­por­tance of the com­pa­ny’s T&T op­er­a­tions to its glob­al port­fo­lio.

They al­so high­light­ed their ap­proach to pur­su­ing the tran­si­tion to a low-car­bon econ­o­my, and wel­comed con­tin­ued col­lab­o­ra­tion with the Min­istry of En­er­gy and En­er­gy In­dus­tries in this area.

The En­er­gy Min­istry re­lease says Min­is­ter Ke­sar com­mend­ed Methanex for its Cor­po­rate So­cial Re­spon­si­bil­i­ty (CSR) and ed­u­ca­tion and train­ing ini­tia­tives.

“Min­is­ter Ke­sar re­it­er­at­ed the Gov­ern­ment of the Re­pub­lic of Trinidad and To­ba­go’s com­mit­ment to work­ing with stake­hold­ers such as Methanex to en­sure a sus­tain­able down­stream gas in­dus­try, for the ben­e­fit of the cit­i­zens of Trinidad and To­ba­go,” the re­lease added.


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