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Minister of Energy Dr Roodal Moonilal has confirmed that the government is in negotiations with oil and gas giant ExxonMobil to explore and produce oil and gas in up to seven deep-water blocks off its east coast.

The minister confirmed with Newsday after a Reuters report indicated that they were engaging in talks.

“I can confirm that the Ministry of Energy and Energy Industries (MEEI) has ongoing talks with several of the leading global energy corporations with a view to repositioning Trinidad and Tobago as the energy hub of the Caribbean,” the minister told Newsday.