The new Kamla Persad-Bissessar-led government has abandoned the dragon deal and announced plans to go to Grenada, Guyana and Suriname to fulfill its promise for TT energy security.

Among those plans, the TT Government is eyeing the Nutmeg field, a relatively unexplored oil and gas reserve discovered about 100 km south west of the island just inside the Grenadian border, in 2017.

The Nutmeg field was located at a shallow depth, about 180m, by the Nutmeg 2, an exploration well that was sidetracked from the Nutmeg 1. The reserves are believed to have gas trapped in the Miocene reservoirs – a rock formation made of sandstone and carbonate rocks.