TRINIDAD and Tobago is one of the first countries in the world to have a clear policy on the monetisation of natural gas.
According to Minister of Energy and Energy Industries Franklin Khan, T&T’s model has been replicated worldwide.
He made these comments on Monday when he received a courtesy call from newly- appointed British High Commissioner to T&T Harriet Cross at the ministry’s office at the International Waterfront Complex in Port-of-Spain.
A release from the Ministry of Energy stated that Khan said that natural gas can be seen as the fuel of this country’s transition as it is one of the cleaner forms of fossil fuel.
It stated, “He pointed out that with respect to T&T’s transition, there was a need to ensure that the global perspective on renewable energy was specific to the unique needs of individuals, and Trinidad and Tobago’s transition and will be at a pace that is not disruptive to the economy.”
Cross indicated that the British High Commission of T&T will continually support this country through representation to the United Kingdom by providing training opportunities and supporting projects such as those related to the energy transition, the release added.