GUYANA’S Vice President Bharrat Jagdeo says energy collaboration between Guyana and Trinidad and Tobago depends on the financial feasibility of transporting gas.

He made the statement during the People’s Progressive Party/Civic press conference in Guyana over the weekend.

Jagdeo said, “We need all of the gas there for our generation and the fertiliser plant. There is a project that we have not approved as yet, that is being explored between Fulcrum LNG and ExxonMobil, and the government of Guyana to develop the gas reserves. They’re exploring several options as to what to do with this gas.”

He said if T&T is interested, then the tripartite arrangement of ExxonMobil, Fulcrum LNG, and the Government of Guyana would have to examine if transporting gas to T&T outweighs other options in terms of financial feasibility.

Jagdeo also indicated that before T&T’s General Election April 28, he had already mentioned that Guyana did not have enough gas to support both countries.

Minister of Energy and Energy Industries Dr Roodal Moonilal said on Sunday he has taken note of comments made by Jagdeo regarding the availability of natural gas.

During the United National Congress (UNC) Post Cabinet media briefing on Thursday, Prime Minister Kamla Persad-Bissessar instructed Dr Roodal Moonilal to explore new oil and gas sources in Grenada, Guyana, and Suriname.

Persad-Bissessar said the Government was moving forward with the Grenada gas initiative to ensure regional energy resources are developed for the benefit of Trinidad and Tobago and its neighbours, highlighting the importance of collaborating within the region.

She also noted the establishment of a solar photovoltaic power plant in Suriname by T&T’s National Energy, and the feasibility study was underway for a cross-border subsea pipeline from Trinidad to Suriname, led by the National Gas Company (NGC).