Wednesday, January 29, 2014

Trinidad energy sector benefits from billions in foreign direct investment

Trinidad's Energy Minister, Kevin Ramnarine, said that the Trinidad and Tobago energy sector benefitted from more than two billion US dollars in foreign direct investments (FDI) between 2010-12. In response to a question in the senate, Ramnarine indicated that the FDI in the oil and gas sector increased from US$549 million to US$2.5 billion over the three year period and that oil production in 2013 averaged about 81,200 barrels a day.

He also stated, “This is a decline over the 2012

More details here...

No comments:

Post a Comment