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Former Pointe-a-Pierre MP David Lee reacted to the US Government's withdrawal of Trinidad and Tobago's OFAC licences for the Dragon and Cocuina part of the Cocuina-Manakin gas fields by saying that for the past ten years, the Opposition has been warning government of such an eventuality.
He spoke to Newsday on April 8, mere moments after Prime Minister Stuart Young broke the sudden news at a media conference at Whitehall, St Ann's.
In 2023, the US Treasury's Office of Foreign Assets Control (OFAC) gave TT a two-year licence to develop the Dragon field while Venezuela granted TT a 30-year licence for that field. That licence was due to expire in October of this year.
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