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Guyana to learn from T&T on pitfalls of oil industry
From left are Minister of Public Infrastructure David Patterson, Minister within the Ministry of Natural Resources Simona Broomes, Minister of Finance Winston Jordan, Minister of Energy and Energy Industries of Trinidad and Tobago Nicole Olivierre and Minister of Natural Resources Raphael Trotman.
Guyana and Trinidad and Tobago are ramping up efforts to collaborate on this country’s development of the oil and gas sector.
Minister of Natural Resources, Raphael Trotman, and Minister of Energy and Energy Industries of Trinidad and Tobago, Nicole Olivierre, met on Wednesday on the matter.
According to the Ministry, the Trinidadian official made it clear that her Government is keen to collaborate with Guyana to learn from their experience and to support this country’s efforts to develop its petroleum sector.
“Having had several decades of experience we can certainly assist the Government on guiding them on the various pitfalls to avoid when dealing with the multinational companies and developing the industry for the benefit of the people of Guyana,” she said.
Minister Olivierre said that Trinidad and Tobago would certainly have advice on how to prepare the Guyanese people on how to absorb the jobs that will become available because of Guyana’s recent discovery.
US-owned ExxonMobil last year discovered a significant deposit of oil in a concession offshore Georgetown. Another well this year confirmed that the area indeed has oil in commercial quantities.
“We certainly would like to share our technical expertise and our educational facilities to the Government of Guyana so that the people can really benefit,” said Olivierre.
According to Minister Trotman, the engagement between the two Caribbean governments is a good thing.
“It follows on meetings held between President David Granger and Prime Minister of Trinidad and Tobago Keith Rowley for the two countries to draw closer, and for Guyana in particular to gain knowledge and experience and expertise from Trinidad’s journey to becoming an oil producing country,” he said.
Trotman called the discussions a first and welcome step, and expressed the hope that later in the year, Guyana will conduct a similar visit to Trinidad and Tobago to further the cooperation on the oil and gas sector in terms of transfer of knowledge.
“We are looking for scholarships for students… training in terms of bringing Trinidadians here and sending Guyanese there,” he said.
Trinidad and Tobago, like a number of other countries, has being offering to help Guyana develop the country’s oil and gas industry. A major portion of the Twin Island’s foreign exchange comes from oil exports. Guyana is a major purchaser of oil.
Today, an oil and gas lecture by Professor Andrew Jupiter, Chairman of Petrotrin’s Board of Directors, is scheduled to be held in the Savannah Suite of the Pegasus Hotel Guyana.
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