Trinidad & Tobago and Tanzania have signed a Memorandum of Understanding (MOU) for cooperation in the energy sector.
The MOUA is between the National Gas Company of Trinidad and Tobago Limited (NGC), National Energy Corporation of Trinidad and Tobago Limited (NEC) and the Tanzania Petroleum Development Company.
The energy companies from both countries will undertake the development of commercially viable natural gas projects, gas policy development, the establishment of logistical ports, harbours and industrial estates and national skills development in relation to the oil and gas industry.
A statement from the Energy Ministry Friday said the MOU was signed during the visit of a high-level local energy delegation to Tanzania from November 19-24, 2011. Tanzania has recently made significant discoveries of natural gas.
Trinidad and Tobago's High Commissioner to Uganda, Patrick Edwars, led the T&T delegation, which includedlocal state energy sector executives from NGC, Phoenix Park Gas Processors Limited and NEC and Taramatie Mahabir, Administrative Attaché, Trinidad and Tobago High Commission in Uganda.
The MOUA is between the National Gas Company of Trinidad and Tobago Limited (NGC), National Energy Corporation of Trinidad and Tobago Limited (NEC) and the Tanzania Petroleum Development Company.
The energy companies from both countries will undertake the development of commercially viable natural gas projects, gas policy development, the establishment of logistical ports, harbours and industrial estates and national skills development in relation to the oil and gas industry.
A statement from the Energy Ministry Friday said the MOU was signed during the visit of a high-level local energy delegation to Tanzania from November 19-24, 2011. Tanzania has recently made significant discoveries of natural gas.
Trinidad and Tobago's High Commissioner to Uganda, Patrick Edwars, led the T&T delegation, which includedlocal state energy sector executives from NGC, Phoenix Park Gas Processors Limited and NEC and Taramatie Mahabir, Administrative Attaché, Trinidad and Tobago High Commission in Uganda.
The energy Ministry stated: "The landmark MOU serves to strengthen NGC’s and NEC’s presence in Africa as both companies continue to explore business opportunities in this important emerging market." It added that it is consistent with the ministry's strategic objective of taking the Trinidad and Tobago energy sector global.
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