Click to view full size

ENERGY Minister Dr Roodal Moonilal says Trinidad and Tobago has reported a rise in oil and gas production, claiming renewed investor confidence, notably with the apparent return of ExxonMobil after more than two decades.

Speaking at the American Chamber of Commerce TT’s Health, Safety, Security and Environment (HSSE) Conference at the Hyatt Regency Trinidad, Port of Spain, on November 11, Moonilal announced a 5.5 per cent rise in output from 52,357 barrels per day in April to 55,271 barrels per day in October, and an increase of natural gas production from 2.41 to 2.63 billion cubic feet per day between April and June.

“After ten years of decline in the energy sector, I am pleased to report that we have stopped this decline,” he told the audience.