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Trinidad and Tobago’s foreign exchange (forex) supply has been significantly impacted by the downturn in the energy sector said former energy minister Kevin Ramnarine.

“We have less forex because of the downturn in the energy sector marked by a 35% reduction in both oil and natural gas production for 2015 v 2024,” he said in a WhatsApp exchange with the Express yesterday.

He added that liquid natural gas cargo sold has also fallen 50% if compared to 2014 to 2024.