AZP News

Tags : Kevin Ramnarine

Ramnarine: Pompeo’s Visit Shows Guyana’s Value to the US

  By Sue-Ann Wayow THE visit by US Secretary of State Mike Pompeo to Guyana indicates that the Caribbean country is becoming more valuable to the world leading economic power. This is according to Kevin Ramnarine, recently appointed advisor to the Guyanese government and former minister of energy. Pompeo is the first US Secretary of […]Read More

30% of Pt Lisas Closed/Idle since 2016

    AT least one third of plants on the Pt Lisas Industrial Estate have been closed or idle since 2016. This according to former energy minister Kevin Ramnarine who blamed the NGC’s pricing of natural gas and low ammonia prices for the closures. Ramnarine said, “The pricing of natural gas at Pt Lisas coupled […]Read More

Commentary: Covid-19 Changes the World for All Time

  COVID-19 will change the world for all time. In its wake will come economic and political upheavals that could de-stabilise societies, reverse globalisation and diminish the gains made by free trade. Indeed, the post-World War II international liberal order defined, as it is, by human rights, free markets, economic and political integration is under […]Read More

Energy Capsule: Heritage Profit a Moot Point

TO see any profit at Heritage Petroleum Company Limited as some vindication for the closure of Petrotrin is really a moot point. The Exploration and Production division of Petrotrin which is now Heritage Petroleum was always a profitable entity. ——————————- The issue that arose in the refinery was the treatment of non-cash items such as: […]Read More

Ramnarine: TT Fiscal Regime doesn’t Facilitate Increase in Oil, Gas

  THE Trinidad and Tobago Government has fundamentally misunderstood the energy sector’s fiscal and taxation systems. This is the view of former energy minister Kevin Ramnarine. In an interview with, he said TT’s current fiscal regime does not facilitate the level of investment needed to increase natural gas production and oil production. ——————————– Oil […]Read More

Kevin Ramnarine: Increase in Gas Station Margins Doesn’t Mean a

    A call has been made for Minister of Energy and Energy Industries Franklin Khan to intervene in the current situation where gas station owners are asking for an increase in their operating margins. It comes from former minister of energy Kevin Ramnarine who said the matter warrants the intervention of Khan. Noting that […]Read More

Commentary on Budget: Ramnarine – Oil to Stay Low, Some

By KEVIN RAMNARINE   The 2020 budget will be read on Monday. It will be the fifth budget of the current Minister of Finance. There has never been an easy time to be the Minister of Finance of Trinidad and Tobago. Whoever occupies that chair of Minister of Finance after the 2020 general election will […]Read More

Former Energy Minister has Questions on Refinery Sale to OWTU

  FORMER energy minister Kevin Ramnarine says Trinidad and Tobago is in a state of shock with the impending sale of the Pointe-a-Pierre refinery to Pa­tri­ot­ic En­er­gies and Tech­nolo­gies Com­pa­ny Ltd (PET­CL) which is fully owned by the OWTU. And he has asked eight questions: Was this a political decision or an economic decision? Where […]Read More

Touchstone Finds Natural Gas in Trinidad

TOUCHSTONE Exploration has encountered natural gas in four zones in its first onshore exploration well in Trinidad. The company said the Coho-1 was drilled to a total depth of 8,560 feet in 28 days and was currently being cased for further evaluation. Touchstone said well logs indicated significant prospective natural gas pay in four unique […]Read More

Kevin Ramnarine says Major Oil, Gas Discoveries in South Trinidad

  RIO CLARO – SOUTH Trinidad is on the verge of major oil and natural gas discoveries. This is the prediction of former energy minster Kevin Ramnarine speaking during the United National Congress (UNC) Pavement Report at the Rio Claro Presbyterian School on Wednesday. Ramnarine said when he took up the mantle of minster of […]Read More