By Sue-Ann Wayow
ENERGY Minister Stuart Young is in Canada attending the 20th International Conference and Exhibition on Liquefied Natural Gas (LNG2023) conference.
Young on Tuesday met with Executive Vice President, LNG, Shell, Cederic Cremers in Vancouver, Canada.
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In a Facebook post he said, “We discussed a number of issues related to Shell’s business in Trinidad and Tobago including the restructuring of Atlantic LNG which is at the stage of settling the material definitive agreements, Shell’s progress with the Manatee field, the ongoing discussions and negotiations with respect to the development of the Venezuelan Dragon gas field and Shell’s operations in Trinidad and Tobago.”
Cremers also informed him of Shell’s plans for executive leadership change in Trinidad and Tobago with the pending departure of Eugene Okpere who is being promoted to Executive Vice President, Exploration, Strategy & Portfolio as at November 1, 2023.
Both Cederic Cremers and Young participated in a key plenary panel discussion – “Growth of LNG Through Innovative Partnerships and Cooperation” on Wednesday at the conference.
Before discussions with Cremers, Young also met on Monday with Methanex Executives, Chairman of the Board Doug Arnell, CEO and President Rich Summer, Special Advisor Ian Cameron and Managing Director and President of Methanex Trinidad and Tobago Colin Bain.
Accompanying him to that meeting was President of National Gas Company of Trinidad and Tobago Mark Loquan.
Young said, “We discussed Methanex’s fleet of 30 marine vessels which are powered by methanol and their leadership role in using methanol as a fuel for shipping. We also discussed the potential of Trinidad and Tobago as a bunkering port for the supply of methanol as more international ships look for cleaner sources of fuel. Methanex’s investments in Trinidad and Tobago and their continued commitment to our country as an important part of their global business was also a substantial part of our discussions.”
Parties ended the meeting confirming mutual intentions to continue cooperation and close working relationship, he also said in a previous Facebook post.
