| April 7, 2009 issue | |
Trinidad & Tobago |
|
Parliament should debate Uff Report – Rowley |
|
Port-of-Spain – Two years after being fired from the Cabinet for raising concerns about a lack of oversight at UDeCOTT, Diego Martin West MP Dr Keith Rowley has called for a full parliamentary debate on the contents of the Uff Commission of Inquiry Report. His call came days before Attorney General John Jeremie laid the report in the Senate.
|
|
UNC wants faster unity talks with COP |
|
![]() |
|
COP's leader Winston Dookeran |
|
Port-of-Spain - UNC officials are eagerly awaiting the return of COP leader Winston Dookeran from India to expedite unity talks, a party spokesman said last week. This followed a meeting of UNC’s management team to plan for an expected general election. The meeting was headed by UNC acting leader Suruj Rambachan.
|
|
Getting harder to locate oil and gas says BP's CEO |
|
Port-of-Spain - The future of the energy industry in Trinidad and Tobago is dependent on discoveries of new hydrocarbon reserves that will be harder to find than ever before. And that challenge is huge that is facing energy stakeholders, warned BP Trinidad and Tobago chief executive officer Robert Riley. Speaking to business leaders at a meeting of the American Chamber of Commerce at Cara Suites, Claxton Bay, last week, Riley said: “Finding a new hydrocarbon province in Trinidad and Tobago will not be a cake walk.” He said the new exploration would be in deep water frontier and “any deep water exploration will certainly not be business as usual.” Said Riley: “It will surely put all our abilities to the test. It will take strong balance sheets to support what will be billion-dollar investments and proven track records of technology, application and deep water exploration capability, which is not plentiful in the industry.” Riley said conditions for deep water exploration will exclude all but a handful of international companies and a few State oil companies. “Those who may qualify may not be many companies with the appetite to take the risk involved in deep waters exploration and production.” More and more, the local energy industry will be driven into deeper and more difficult-to-access areas offshore. Attracting the right companies to Trinidad’s deep water prospects will be a competitive exercise as investors will have to make hard decisions when comparing the terms offered locally. Riley said bpTT, with its global companies involved in offshore operations, understands the complexity and risk involved in deep water exploration, having eight major deep water developments in the US, Gulf of Mexico and several in Angola. “We will have to apply the lessons learnt from the last unsuccessful bid round, by offering new terms that will be competitive enough to interest and attract the big players in the global hydrocarbon industry.” In such a scenario “no company or state can take on the challenge on its own. Cooperation, consultation and dialogue will have to be the new way of working.” At a recent meeting of the Joint Select Committee of Parliament, a representative of the Ministry of Energy and Energy Industries stated that seven blocks will be launched for competitive bidding at the end of March, four of these will be on the north coast, two on the east and one on the west coast. “While I am optimistic about the outcome of this new thrust, the question must be faced. What if we are not as successful as we would like to be within the time frame that we wish for this success?” |
|
PNM could lose a snap election – Hinds |
|
Port-of-Spain - Former government minister Firzgerald Hinds said he is fearful that the People’s National Movement would lose the next general election should one be called any time soon. Hinds made the statement while speaking to reporters over the weekend during the passing-out parade for 334 Defence Force recruits in Chaguaramas. He said he was not sure if the PNM was politically stronger at this present time than it was at the last general election in November 2007. This among other issues, he said, was a cause for concern if another general election was called in the near future. “One, of course, is the fact that the Opposition has clearly demonstrated that it will not be going into a three-way fight as we did and benefited from on the last occasion but rather it would be a straight one-on-one fight. “Of course, the PNM is not afraid of any of that, but it changes the whole political equation from 2007... I always think the PNM has a great chance and I am confident that the PNM will always prevail, but confident that I am, I would like to see us fight on a stronger footing, and I don’t know if we are as strong as we could ordinarily be,” he said. Last week Prime Minister Patrick Manning’s said he will announce a date for the elections soon. A memorandum to constituency secretaries has also been sent out from PNM general secretary Martin Joseph, dated March 29, advising that nominations of candidates must be submitted no later than yesterday. In order to meet the deadline certain procedures normal to the nomination process have been waived, the memo stated. These are requirements to invite all members by written circular to attend the meeting at which the nomination of persons as candidates is scheduled to take place and to “give to members at least seven days notice for the meeting at which the nomination of members as candidates will take place”. Meanwhile, speculation continues as to what will be the date of the general election. Rumours last week were that Prime Minister Patrick Manning had told PNMites the date was ... “anybody’s guess”. PNM sources said the Prime Minister said, on one of his recent walkabouts with some government ministers, that the election will be held on May 24. Others said that he said at the end of May or early June, and even October was mentioned, but May 17, and May 24 emerged as favourite dates among the speculators. However, with the date still to be announced by the Prime Minister, surprises are already piling in. Reports are Government Senator Laurel Lezama has been asked by members of the PNM’s Arima constituency to consider a nomination for candidacy against Deputy Speaker of the House of Representatives and the current MP for Arima, Pennelope Beckles. Lezama was expected to be nominated over the weekend, sources said. Lezama shot into the media spotlight last November when it was revealed that she received a $300,000 grant from the Ministry of Culture and Gender Affairs for the pursuit of a Bachelor’s degree in Law and Politics from the University of Westminster Regents Campus in London in 2005 and 2006. At 28, Lezama is the youngest Senator in Parliament. She is the co-ordinator for the Couva South constituency which, like San Fernando East, recently passed a motion expressing full confidence in Prime Minister Manning. The PNM’s Toco/Manzanilla constituency has also received three other nominations for candidacy apart from incumbent MP Indra Sinanan Ojah-Maharaj. They are Alderman Ronald Boynes, chairman of the Sangre Grande Regional Corporation (SGRC) and the brother of former PNM sport minister Roger Boynes; businessman Anil Juteram, former UNC candidate who served as a temporary senator (Opposition) and Eric “Pink Panther’ Taylor, president of the Trinbago Unified Calypsonians’ Association. |
|
| < Caribbean Close Up | |