Energy Minister Dr Roodal Moonilal and former prime minister and Energy Minister Stuart Young traded accusations of hypocrisy yesterday over the handling of the Dragon Gas project and how much detail of the new OFAC licence the other was willing to reveal.
“It is the height of hypocrisy and shamelessness that Mr Young and Dr Rowley would speak to us about terms and conditions of an OFAC licence, when we had to go through Freedom of Information to find a copy of the one issued to the PNM administration,” he said.
He insisted that the current licence marks a turning point for the project, which he said had been “dead on arrival” when the Government took office. “We have achieved a very significant milestone in that it allows us now to create a viable pathway to developing and producing the Dragon field,” Moonilal said.
Moonilal said the new licence, issued for six months, provides a legal framework for further negotiations with Venezuela and other stakeholders. “This is a phased process,” he said. “We will now embark on negotiations and seek to get an agreement in the best interest of all stakeholders.”
Responding to suggestions that the Government had made concessions to Venezuela to secure the licence, Moonilal said, “The only thing I think we promised Venezuela is that Mr Stuart Young and Dr Rowley will have no part of the energy future of Trinidad and Tobago.”
However, Young fired back, accusing Moonilal of “complete ignorance” on energy matters. In a written statement, the former minister said Moonilal’s comments showed that he did not understand how OFAC licences work.
“Minister Moonilal has stated that documentation related to the Dragon gas project at the Ministry of Energy is in Spanish and not English, suggesting that an OFAC licence is in Spanish,” Young said. “This confirms to me, and the population, that Moonilal has not even seen the current six-month provisional licence, as an OFAC licence is issued by the US Treasury Department in English.”
He added that the document had been sent directly from OFAC to NGC’s lawyers, who provided copies to the National Gas Company, and suggested that Moonilal should “perhaps look there for a copy.”
Moonilal, for his part, said he found no English versions of the previous government’s licence within the Ministry of Energy. “We have absolutely no document in English dealing with the conditions of the former Dragon gas licence,” he said. “I have asked the ministry to procure a translation so that we can find out what were their terms and conditions.”
Young responded that while the Venezuelan Exploration and Production licence was issued in Spanish, both NGC and Shell had legal teams and translators to produce English versions. “All Moonilal has done is once again confirm that the Government is incompetent and has no clue how to conduct the task in front of it,” he said.
Moonilal also questioned whether the former administration had removed key paperwork from the Energy Ministry. “I noticed Dr Rowley was quoting from some type of documents and paper today, and I’m wondering whether they took papers and documents away when they disgracefully demitted office, because we want those documents back, particularly if they’re in English, because we have to go and do that work again,” he said.
In his written response, Young dismissed the claims as “a desperate grasp at straws,” saying that former prime minister Dr Keith Rowley had made his own notes for reference and had not used any official ministry documents.
When asked about how he intends to manage talks with Caracas amid months of heightened rhetoric, Moonilal said the discussions require careful “energy diplomacy.”
Asked whether T&T recognises Nicolás Maduro as Venezuela’s president, he replied, “Those issues do not arise at this point. We are concerned with the three to four trillion cubic feet of gas in the Dragon field and the terms and conditions of the licence from Venezuela.”
Young, however, maintained that Moonilal’s comments and the Government’s overall handling of the project showed why he was being “left out of complex energy negotiations.”
He also criticised Moonilal for removing the Permanent Secretary from the Energy Ministry, saying that the decision erased valuable institutional knowledge.