Government and BP Make Headway in Negotiations

Today, (Tuesday 17th April, 2018) Prime Minister of the Republic of Trinidad and Tobago Dr the Honourable Keith Rowley led a delegation to meet with executives of BP at the company’s headquarters in London. The Trinidad and Tobago delegation included Minister of Energy and Energy Industries the Honourable Franklin Khan, Minister in the Office of the Prime Minister and the Ministry of the Attorney General and Legal Affairs the Honourable Stuart Young, President of National Gas Company Mr. Mark Loquan and, advisors at the Ministry of Energy and Energy Industries Mr. Leroy Mayers, Ms. Heidi Wong and Mr. Richard Jeremie.

The BP delegation was led by Group Chief Executive Officer Mr Bob Dudley and included, Chief Executive Upstream Mr Bernard Looney, Former Regional President (Trinidad and Tobago)  Norman Christie and from BP’s Trinidad and Tobago offices, Regional President  Ms Claire Fitzpatrick,  Head of Planning and Commercial Finance Richard Eaton and Vice-President Corporate Operations Ms Giselle Thompson.

The parties identified and discussed outstanding issues and went on to exchange proposals for their resolution. It was agreed that over the next few days the parties would work assiduously towards the resolution of these issues in a mutually beneficial manner.

They also agreed to meet from the second half of May 2018 to commence negotiations on issues associated with Atlantic LNG and LNG matters.

BP confirmed its commitment to work with the Government of Trinidad and Tobago in developing and strengthening the  long-term future of the gas industry in Trinidad and Tobago.