PORT OF SPAIN, Trinidad (CMC) – The Trinidad and Tobago government on Friday said that it has been issued with two United States general licences, which provides “a clear and structured legal framework” under US law for certain oil and gas activities in Venezuela and along “our shared maritime border”.

Trinidad Prime Minister Kamla Persad Bissessar in a statement posted on X, said that “as a longstanding close partner of the United States, Trinidad and Tobago views this development as an important opportunity to deepen hemispheric energy cooperation, strengthen regional stability, and reinforce trusted commercial ties.

We are optimistic about the potential to enhance our role as a responsible energy hub in the Caribbean, supporting domestic industry, safeguarding jobs, and contributing to reliable supply chains that benefit the wider region,” she wrote.

Persad-Bissessar said that Trinidad and Tobago will proceed in full compliance with applicable legal and regulatory requirements “and in keeping with our commitment to transparency and sound governance”.

According to the licence “any payment of oil or gas taxes or royalties to the government of Venezuela, PdVSA or any PdVSA entity must be paid to the Foreign Government Deposit Funds to any other account as instructed by the US Department of Treasury”.

Source: Jamaica Observer

@Slipfeeler

Good for her! She's been vested with the power to read the statement Rubio handed her. She's participating in denying a neighboring country it's sovereignity.

@Slipfeeler

Slippy

The fields are primarily Natural Gas

Such arrangements were made over 20 years ago, not a drop of oil nor gas has reached T&T. Rowley's government paid Madero a million US per month during his tenure of a decade for such rights,without success.

It will take about 5 years before we see any gas from such fields reaching T&T for processing. The Orange Blob will be gone by then, who knows what will occur at such time.

So many licenses have been issued over the years .

@Brerzerk

She's participating in denying a neighboring country it's sovereignity.

Before commenting, why not take time and do some research.

Their were two discoveries , on the border T&T and Venezuela.

One 25% lies on T&T's territory, The other about one third.

T&T would like to get what belongs to it.

Now see how your comments make you look ill-informed and stupid?

To further educate you: T&T shortfall is 2.4 billion cubic feet per day.

Dragon field can support 250 million cubic feet per day, pittance.

@sgtdjones

you are one heck of An Oaf! Blind political bias makes you an even worse one. What the hell you wrote has to do with my comment? What does TNT depositing sales from petro-products into THE US TREASURY has to do with TNT getting what belongs to them. Your Gin-gi fly to a pile of poo haste to respond shows your Oafish lack of deliberation and reason. Not even AI assistance can help your moronic idiocy.

@Brerzerk

She's participating in denying a neighboring country it's sovereignity.

The proper spelling is...Sovereignty

What does TNT depositing sales from petro-products into THE US TREASURY has to do with TNT getting what belongs to them. 

"T&T hasn't deposit any funds in the US Treasury", I didn't mention such...you did.

"You know why you have two ears and one tongue" do you know why? You will have a problem "Deciphering" the metaphor above..

When one cannot refute facts attack the bearer...

That tongue shows your intelligence level by what you posted.😎