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Stuart Young, former Minister of Energy and Energy Industries, has called on the government to provide clarity on the recently announced six-month provisional licence under the United States Office of Foreign Assets Control (OFAC) related to the Dragon gas field.
In a statement on Facebook, Young noted his experience securing the 30-year licence for the Dragon gas field, as well as several OFAC licences, and questioned the terms of the temporary arrangement. He specifically asked whether Shell and the National Gas Company (NGC) would be allowed to make payments to the Venezuelan government for the gas.
Young criticised the government for not informing the public, contrasting their current approach with that of the previous administration. “The PNM government consistently kept the population apprised of what was going on, unlike the current government whose new posturing is both ironic and hypocritical, as they now claim ‘confidentiality’ as a reason to not inform the population,” he said.
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