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Former prime minister and energy minister Stuart Young has accused Prime Minister Kamla Persad-Bissessar of misleading the public about the status of the US Office of Foreign Assets Control (OFAC) licence—a critical regulatory requirement for any engagement with Venezuela’s state-owned gas reserves.
In a Facebook post yesterday, Young, the MP for Port-of-Spain North/St Ann’s West, questioned whether Government had in fact secured a confirmed OFAC licence, despite public statements suggesting otherwise.
“So no OFAC licence in hand, even though you said you obtained an OFAC licence for Dragon when you arrived in T&T on Wednesday night,” Young wrote, alleging that Government was misleading the public about the legal and diplomatic status of the project.
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