Lead Editor- Newsgathering
kejan.haynes@guardian.co.tt
Energy Minister Dr Roodal Moonilal said the current dispute between the National Gas Company (NGC) and Nutrien must be viewed in the context of what he described as failures of the former administration to settle critical gas and pier user arrangements, which he said contributed to a “downstream sector crisis.”
At a post-Cabinet media briefing yesterday, Moonilal was asked whether, in the national interest, it was his responsibility to intervene to pacify or defuse the impasse between NGC and the Canadian fertiliser producer, which has begun winding down operations after 45 years in Trinidad and Tobago.
He said the Government intends to protect national interests while NGC negotiates new commercial arrangements with downstream companies.
He said many of the challenges now unfolding are the result of agreements that should have been negotiated and finalised before 2028 but were not.
“One of the major issues that has led to some of these developments is the failure of the former regime and the often voluminous speaking former Minister of Energy, that over five years or so, they were not able to negotiate properly gas agreements with several of the downstream entities. That has led to a crisis,” Moonilal said.
“They were not able to negotiate and settle pier user arrangements and contracts. That has led to a concern. So their failure, their neglect, their unwillingness, their incompetence led to several concerns that we face now that we are working with.”
Moonilal said NGC continues to negotiate with downstream customers and that some producers expressed appreciation for the approach being taken. He added that investor interest in the energy sector has increased, and the Government expects significant capital inflows in the coming years.
“What I can tell you in closing is that between 2025 to 2028, and just in that short period of time, we expect $9 billion United States dollars investment in the economy through the energy sector and that relates not only to the upstream but also to the downstream sector. So we are very optimistic,” he said.
NGC has accused Nutrien of putting profit first, saying its exit is not driven by government policy, and claims the company owes US$28 million in pier fees after being warned its gas supply and pier access would end when its contract expired.
NGC said the dispute stems from legacy arrangements allowed to lapse under the former administration and argues it would be irresponsible to commit to long-term contracts before securing upstream supply.
Nutrien rejects the allegation of unpaid fees, insisting it paid every invoice issued and says the State is unlawfully trying to impose new charges retroactively, while the shutdown has already left hundreds of workers facing termination, even though the company continues to keep them employed at a cost of US$2 million.
