We have reactions from two of the Chambers who weighed in on the shutdown of Nutrien's Trinidad Nitrogen operation at the Point Lisas Industrial Estate.
00:00In a media release, the Energy Chamber of TNT acknowledged the development describing the company as a major investor and exporter of ammonia, whose presence is vital to the strength of our downstream energy sector.
00:14It said, quote, while we do not comment on commercial negotiations, this development underscores the importance of ensuring that TNT remains an attractive world-class destination for energy investment, and we acknowledge the government is working hard to address long-standing gas supply and infrastructure challenges, and we are encouraged by the progress in new upstream projects, end quote.
00:41The Energy Chamber said it stands ready to assist in any way possible to find a swift resolution that safeguards jobs, investment, and the future of point leasers.
00:54Amjam TT also weighed in on the matter, calling for continued collaboration to strengthen this country's investment.
01:00In a statement, the company said, quote,
01:03The factors cited port access restrictions and the availability of a reliable and economically viable natural gas supply highlighted the need for continued constructive dialogue and coordinated action to address operational and infrastructural constraints that may affect production and investors' confidence.
01:24The release further stated that recent increases in gas production as a result of collaboration between the private sector and the government, as well as announcements regarding potential upstream activity, are indeed welcome in this regard.
01:41Amjam said that they are confident that all parties involved will work towards a timely and mutually beneficial resolution that supports long-term businesses
01:51and sustainability for all parties while preserving investors' confidence, as Trinidad and Tobago remains a market with significant potential for industrial and energy investment.
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