Minister of Energy and Energy Industries Stuart Young has met with Repsol executives to discuss future gas development projects.
According to a release from the Ministry of Energy and Energy Industries, Minister Young was updated on Repsol’s business activities and given some insight into prospective projects.
The Ministry said discussions were held regarding local and regional gas development
and the possibility of supplying the European and other Local and International markets.
“Both parties exchanged views guided by their expertise on approaches and strategies which
would be mutually beneficial in consideration of the current and future global market,” it said.
The Ministry added that Minister Young “looks forward to the continued collaboration with Repsol in his commitment to promote the long-term growth of the energy sector for the benefit of our local economy on behalf of the Government of Trinidad and Tobago.”
It said the parties agreed to work together and explore the development of significant future projects which would provide sustainable energy security.
Also present at the meeting was Permanent Secretary, Penelope Bradshaw-Niles, Mr. José Vicente Bravo, Executive Director Europe, Africa, Asia, Brazil & Venezuela, Mr. Ángel Bautista, Institutional Director, Mr. Pablo Hernando, Business Unit Director and Ms. Maria Cristina Legarza, Technical Manager Repsol.