Page 57 - PNM General Election 2020 Manifesto
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RECOVERY AND THE WAY FORWARD FOR THE NEXT 5 YEARS:
ENERGY & ENERGY INDUSTRIES
GETTING THE INVESTMENT production and the absence of long-term gas
supply contracts. Gas production has been
CLIMATE RIGHT stabilised and increased by over 10% and is
expected to be maintained at satisfactory levels
For Trinidad & Tobago to develop its substantial over the coming years.
remaining hydrocarbon resources the country
will need agility, quick execution, and a sharp The other issues that affect the energy sector are
focus on competitiveness and sustainability. well known, the main issues being appropriate
gas pricing for medium to long term commercial
Through skilful and purposeful dialogue and viability, at both the upstream and downstream
negotiation by a Team, led by the Honourable ends, and a greater share for citizens of Trinidad
Prime Minister, Dr. Keith Christopher Rowley, and Tobago of the income earned in the
with the major oil and gas companies, the PNM extraction of our natural gas.
Government has solved the two most serious
problems in the sector that it faced upon To ensure the sustainability of our energy
assuming office in 2015, namely declining gas industry, the PNM will:
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PNM THE RIGHT CHOICE ON AUGUST 10 People’s National Movement Manifesto 2020
