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Young Gets Update from Woodside

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Caption: Woodside Energy Country Manager for Trinidad and Tobago Kellyanne Lochan with acting Prime Minister Stuart Young. Photo: MEEI

ACTING Prime Minister Stuart Young met with Country Manager of Woodside Energy Kellyanne Lochan on Monday.

The meeting took place at the Ministry of Energy and Energy Industries’ International Waterfront Complex, head office in Port of Spain on Monday.

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Young is the substantive minister of energy and energy industries and has been acting prime minister since Sunday as Dr Keith Rowley is out of the country for medical check ups.

A release from the ministry stated that Lochan provided Young with an update on operations at Woodside Energy coming out of the recent asset upgrade at Greater Angostura as Woodside Energy continues to pursue opportunities to maximise value and safely optimise production and operating costs in Trinidad and Tobago.

With respect to the Calypso deep water project, marketing and commercial discussions remain ongoing, under the company’s exploration and development portfolio.

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Young congratulated Woodside Energy on its latest LNG tanker, the ‘Woodside Scarlet Ibis’ named after the national bird of Trinidad and Tobago.

Noting the company’s Pacific Basin position and recent agreement for the acquisition of Tellurian and Driftwood LNG, the energy minister stated that T&T is open to collaborating on opportunities that can emerge from the country’s strategic location in proximity to Atlantic and Pacific routes for LNG. 

Both parties agreed to continue their collaborative relationship in the interest of navigating the global economic outlook.

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