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Venezuela proposes suspension of all gas agreements with T&T
(Trinidad Express) Venezuela has proposed that all of its gas agreements with Trinidad and Tobago be immediately suspended.
The decision was made citing tensions with Prime Minister Kamla Persad-Bissessar, her previous statements and the country’s welcoming of US forces in the Caribbean.
Prime Minister Kamla Persad-Bissessar speaks during the standing finance committee session at the Red House in Port-of-Spain yesterday. (Courtesy Parliament TT)
The announcement was made by the country’s Vice President Delcy Rodriguez, who in a press conference on Monday said the proposal was being made by the board of the Venezuelan State-owned company Petróleos de Venezuela, S.A. (PDVSA), to President Nicolas Maduro.
It comes just one day after Venezuela accused Trinidad and Tobago of collaborating with the United States on a false-flag operation it claims is being carried out as the US warship USS Gravely docked in Port of Spain yesterday.
The US’s amped up military presence and ten lethal boat strikes which have killed 43 has long been denounced by Venezuela. Gravely’s presence in T&T, Venezuela earlier alleged was part of an act of hostile aggression against the country.
“We have just concluded a meeting of the leadership of the Ministry of Popular Power for Petroleum — all vice ministers present — together with the Board of Directors of PDVSA, accompanied by its president, vice presidents, and the Minister of Economy and Finance, who is also a member of this board.”
“The leadership of both the Ministry and PDVSA has decided to propose to President Nicolás Maduro the immediate denunciation of the Framework Agreement on Energy Cooperation between the Republic of Trinidad and Tobago and the Bolivarian Republic of Venezuela, signed in 2015 for ten years and automatically renewed this February for another five. Article 13, paragraph 3, gives either party the authority to terminate it,” Rodriguez said.
She said, “This agreement covered broad areas of energy cooperation — joint gas field development, infrastructure projects, hydrocarbon initiatives, and monetization of shared resources. It is a comprehensive framework, but we are now responsibly proposing that the President terminate it immediately. As a result, all gas agreements between Venezuela and Trinidad and Tobago will be suspended.”
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