00:00On day two of the Energy Chamber's 2026 Energy Conference at the Had Regency in Port of Spain,
00:05industry leaders continued discussions on the future of Trinidad and Tobago's energy sector
00:10with a focus on collaboration and sustainability.
00:13Proman's Director of Marketing and Logistics, Hannah Sukumaraj,
00:17participated in a panel discussion on the collaboration to create a low-carbon marine industry in the Caribbean.
00:22Speaking as a national, so Trinidad and Tobago sits on the map as the single largest exporter of ammonia in the world.
00:32We sit as the second largest exporter of methanol in the world
00:36and we play among the top ten largest exporters of energy in the world.
00:42So naturally, we have most of the options already available as alternative pathway fuels in Trinidad.
00:49All of the downstream products mentioned by the Proman executive are derived from natural gas
00:54supplied by oil and gas exploration multinationals such as BP.
01:00On day one of the 2026 Energy Conference, the President of BPTT, David Campbell, spoke during another panel discussion.
01:08We've got our base in the Columbus Basin.
01:13That will decline. I don't know if people understand that.
01:16We've got about 20-odd percent a year if untouched.
01:19So constantly adding to that.
01:21Now that needs technology, it needs cost-effectiveness, it needs safety,
01:26and that's going pretty well at the moment.
01:28And so we've got to make the smaller things work.
01:30But then the bigger growth does come from new, larger reserves.
01:35There was mention of specific discoveries already identified in local waters.
01:39Calypso, which Woodside is operating, is a discovery in the Trinidadian deep water.
01:46With our partner Shell, we're also looking at new license acquisitions.
01:51So there's a conventional pathway into that.
01:55So think of that as being the start of a new basin, effectively, a new start for Trinidad.
02:00Following the recent U.S. action in Venezuela, there has been a renewed focus in Trinidad and Tobago
02:06on long-standing efforts to commence cross-border gas supplies.
02:10And then, yes, we're talking a lot about Venezuela, but cross-border generally.
02:15You know, the industrial logic that says discovered undeveloped resources in a place where perhaps people are less confident to invest,
02:24right next to our underused with allage, you know, Atlantic, Point Lises, and so on.
02:35There's an obvious logic to that if that can be made to work.
02:39So, yes, I see the potential for growth in both those areas.
02:42The government, led by Prime Minister Kamla Passad-Bassassar, did not participate in the 2026 Energy Conference.
02:48However, there was mention of the work of the government by Rams Logistics CEO Sean Rampassad,
02:54who leads one of the local companies providing support services to the large multinationals.
03:01I feel like we aren't talking about deep water enough.
03:03And I know sometimes, and I'm probably, you know, a cause of that problem too sometimes,
03:08that we talk about everything else but the deep water.
03:10And I think it's so important for our service companies to understand the potential of that deep water
03:15and how important it is for us to get those projects going.
03:19And I know that the Minister of Energy is working hard on it together with the major players.
03:25I'm very optimistic about us moving quicker in this country.
03:31ExxonMobil said its survey vessel was due to depart from Shagaramas on Sunday,
03:37heading to the East Coast Marine Area to conduct the 3D seismic survey across the deep water TTUD-1 block
03:45in Trinidad and Tobago's waters.
03:48Jewel Brown, TV6 News.
03:50Jewel Brown, TV6 News.
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