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Former energy minister Stuart Young is warning that ongoing challenges in the energy sector could have far-reaching effects on Trinidad and Tobago’s economy and reputation if not carefully managed.
He said the impasse between the National Energy Corporation (NEC) and Nutrien remains unresolved and is already affecting the local supply of carbon dioxide (CO₂), a key input for several industries, including the manufacturing of carbonated beverages. A prolonged disruption, he noted, could impact production both locally and across the region.
Young said the country’s petrochemical industry—covering ammonia, methanol and urea—operates on narrow margins and depends on stable, predictable policy decisions to remain competitive. He cautioned that uncertainty surrounding energy costs and port operations could influence investment decisions by multinational firms.
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